Leading cryptocurrencies, including Bitcoin, Ethereum, XRP, and Dogecoin, declined on Wednesday amid a spike in U.S. Treasury yields and rising tensions between the U.S. and Iran. Analysts report that major Bitcoin investors, known as whales, are staying on the sidelines for the time being. This cautious stance comes ahead of the upcoming Consumer Price Index (CPI) data release and the Federal Reserve's next move on interest rates.
