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Bitcoin Pulls Back, but Falling Oil and Yields Could Help

Crypto Daily·October 7, 2026·1 min read
Bitcoin Pulls Back, but Falling Oil and Yields Could Help

Bitcoin pulled back 3.5% on Tuesday, dropping about $3,000 after failing to break out. Oil rose slightly but remains in a downtrend, while the U.S. 10-year bond yield at 5.3% may be starting to soften toward 5% in the short to medium term, potentially supporting Bitcoin.

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