Bitcoin Trapped Below $28K as Bond Rout Continues, Though Outperforming Crypto and Stocks
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Bitcoin plunged to $27,300 after rallying above $28,000 proved short-lived.
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BTC is in a "quiet bull market" as it defies market rout in equities and bonds, says ByteTree CIO.
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BTC outperforming broader crypto market and stocks as yields surge, offering safe haven.
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Analyst says BTC will rally further once bond sell-off ends, but remains "trapped" for now.
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Crypto startups still struggling as bond rout continues, preventing investor optimism.
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