Crypto Daybook Americas: Bitcoin Whiplash Shakes Market as U.S. Yield Spike Threatens Bull Run

By James Van Straten (All times ET unless indicated otherwise)Bitcoin BTC started the week on a positive note, rising above $107,000 — the highest since Jan. 24, according to CoinDesk data —before pulling back to $102,000 during the Asian morning. Despite the retracement, the largest cryptocurrency continues to trend upward, forming higher highs and higher lows within an ascending consolidation channel, while its market dominance rose above 64%. There's a bullish bias in the options market, too source: https://www.coindesk.com/daybook-us/2025/05/19/crypto-daybook-americas-bitcoin-whiplash-shakes-market-as-u-s-yield-spike-threatens-bull-run