Bitcoin Reclaims $84,000 Level Despite Treasury Yield Pressure and ETF Outflows

Key Facts

1Bitcoin price recovered above $84,000 following a sharp correction that previously pushed it below $81,000.

2President Donald Trump announced an agreement for Russia to supply 300,000 metric tons of diesel fuel to domestic and international markets.

3US spot Bitcoin ETFs saw substantial withdrawals alongside elevated Treasury yields.

Bitcoin price recovered above $84,000 following a sharp correction that previously pushed it below $81,000. Invezz reported that the rebound followed an announcement by President Donald Trump regarding an agreement for Russia to supply 300,000 metric tons of diesel fuel to domestic and international markets.

US spot Bitcoin ETFs saw substantial withdrawals alongside elevated Treasury yields, which tempered the momentum of the recovery. While Ethereum and XRP also gained ground, the significant outflows from exchange-traded funds suggest lingering fragility in investor sentiment amid the current macroeconomic backdrop.