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Bitcoin Slumps Below $28K as Yields Spike; Ether Futures ETFs Fizzle on Lukewarm Investor Interest

Bitcoin (BTC) ended the first U.S. trading day of the week in the green, but it gave up some gains. In the last 24 hours, the world's largest digital asset dipped into the red and is down by 1.57%. Meanwhile, the much-hyped ETFs failed to capture the interest of investors, with low volumes reported on their first day of trading. Meanwhile, ether is changing hands at approximately $1670, down modestly for the session. In the equities market, stocks were mixed Monday after U.S. lawmakers over the weekend prevented a government shutdown with a stop-gap bill. Interest rates continued to push higher, with the U.S. 10-year Treasury yield soaring another 11 basis points to 4.69%.

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