Bitcoin Falls Under $77,000 as Oil Spike and Rising Yields Weigh on Risk Assets
Bitcoin slipped below $77,000 on Monday as higher oil prices and a jump in global government bond yields reduced investors' appetite for riskier assets. The cryptocurrency last traded 1.5% lower at $76,946.6 by 00:54 ET (04:54 GMT), marking its lowest level since May 1. Broader market pressures included a surge in oil above $110 per barrel after re…