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Bitcoin Drops 8.25% Amid Falling US Treasury Yields
Bitcoin fell 8.25% over October 21-30, while 10-year US real yields dropped 16 basis points. Bitfinex attributed the decline to weaker tech shares and subdued spot demand, despite potential support from falling yields. The article also mentions the impact of the Binance security breach and the Nasdaq-100's decline of 4.82% during the same period.