Bitcoin slides below $44K in April first as trader warns 'something is off' with BTC
BTC price posts near two-week lows
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching 12-day lows of $43,801 on Bitstamp, down over 7% from the month's high.
The move defied positive triggers in the form of fresh buy-ins from MicroStrategy and Terra, but analysts were instead eyeing macro factors as the next potential BTC price booster.
Jeroen Blokland, portfolio manager at asset manager Robeco, said that the United States 10-year treasury yield, on an uptrend throughout the year, should reverse direction and provide some respite for risk assets.
"We are not there yet," he nonetheless cautioned on the day.