Bitcoin fell below $84,000 during Asian trading hours on Thursday, slipping to $83,200 after the US 10-year Treasury yield climbed to its highest level since 2007.

The 10-year yield closed Wednesday at 5.11%, up from 4.96% Tuesday, and reached 5.13% intraday. CME attributed the bond selloff partly to stronger US business data and rising oil prices.

Ripple (XRP) steadies around $1.500 at the time of writing on Thursday after declining over 4% the previous day. XRP is undergoing a healthy correction after its recent gains. Despite the pullback, XRP remains within a broader uptrend, while whale accumulation, strong institutional demand and rising network activity could extend further gains.

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are…