Bitcoin slips to $83,000 as ZEC falls 12%

Bitcoin slipped less than 1% to just above $83,100. The move tested the floor of last week's range. The 10-year Treasury yield touched its highest level since 2007. ZEC fell 12% to about $1,380, the steepest drop among major tokens. SOL and HYPE each lost between 3% and 4%. DOGE fell 3%. BNB fell 2%. XRP dropped nearly 2%. Ether and TRX were flat. The Graph's GRT jumped 18%, according to FxPro. Immutable's IMX rose nearly 10%, according to FxPro. UNI and BCH each fell about 10%, according to FxPro. DASH lost 7%, according to FxPro. The total crypto market value was near $2.86 trillion. A widely watched crypto sentiment index stood at 74 out of 100 on Monday. The reading was just short of the index's extreme-greed zone. FxPro contrasted the reading with fear that had gripped the stock market for the past 20 days. Analysts said a sustained Bitcoin drop below $80,000 could signal prolonged weakness. Analysts said renewed momentum could push Bitcoin above $90,000. Oil climbed again.