Bitcoin stayed above $71,000 as a stronger dollar, higher oil prices and rising U.S. Treasury yields added macro pressure, while Strategy shares gained after the company bought about 11,000 BTC this week.
Bitcoin remained above $71,000 after reaching a weekly high near $71,400, holding firm despite several macro headwinds. The latest update said pressure came from a stronger U.S. dollar, with the DXY back above 100, oil prices climbing toward $100 a barrel for both Brent and WTI, and U.S. 10-year Treasury yields moving above 4.2%. The report also noted that Strategy rose about 1% after buying roughly 11,000 BTC this week, adding a corporate accumulation element to the market backdrop.