Bitcoin Has a Very Bad Week

The video discusses recent trends in the Bitcoin market, highlighting a drop below $26,000 and the impact of rising treasury yields. It also covers the performance of other digital tokens like Ether and Polygon, and Coinbase's resilience in the market. A technical analysis using the Relative Strength Index (RSI) indicates Bitcoin is oversold. The rise in US 10-year treasury yields, reaching levels not seen since 2007, is presented as a factor contributing to the sell-off, offering competition to non-yielding assets like Bitcoin.

What recent price level did Bitcoin hover around before the drop?

How much did Ether drop in percentage terms?

What is the significance of Coinbase's performance in relation to the broader market?

What technical market measure indicates that Bitcoin is oversold?

What was the US 10-year treasury yield that contributed to the sell-off in Bitcoin?