11:00 agenda: bitcoin strength depends on whether risk appetite survives higher yields

The asset can rally through policy noise, but liquidity still decides the pace. Updated for the current hour on September 21.
Bitcoin remains sensitive to the same conditions that shape other risk assets: funding costs, dollar strength and speculative appetite. Strong price action is useful, but desks are checking whether spot demand is broad enough. This hourly edition updates the angle for September 21 at 11:00: what is important now, why the story remains relevant and what readers should track next.
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