Bitcoin Falls Below $84,000 as Yields Spike

Bitcoin dropped over 2% to about $83,900 after the 10-year Treasury yield closed at 5.11%, its highest since 2007, following a strong U.S. business survey and weak five-year note auction. Dogecoin fell 7% to just above 9 cents, leading a broad crypto sell-off ahead of Friday's $14 billion options expiry.