Crypto Observers Look to Treasury Yields for Cues as Bitcoin Remains Comatose

The leading cryptocurrency by market value fell from $23,400 to $22,000 on Friday in a delayed reaction to issues at crypto-friendly bank Silvergate. Since then, however, both bulls and bears have refused to lead the price action, leaving the cryptocurrency in a narrow range of $22,150-$22,700, CoinDesk data show.