Bitcoin feels the pressure as U.S. Treasury yields climb and the dollar strengthens. The Federal Reserve approaches its January meeting amid inflation expectations, with Bitcoin trading at $94,840. This price is down 12.5% from recent highs, indicating a challenging environment for the cryptocurrency. Data shows a high probability of maintained interest rates at 4.25%-4.5%. Investors should carefully watch how these economic signals influence Bitcoin’s price movements.

To sum up, rising Treasury yields and a strengthening dollar create headwinds for Bitcoin. Market participants must remain informed to adapt to changing conditions.