🔴 Digital Assets ETF (DAPP) is trading 2.13% down as rising oil and Treasury yields pressure crypto

DAPP is trading at $17.95, down 2.13%, as rising oil prices and Treasury yields weigh on crypto and other risk-sensitive assets.

• Bitcoin fell below $83,000. Reports of possible U.S. military action against Iran intensified concerns about energy-driven inflation and tighter monetary policy.
• Technology shares also slid amid higher yields and oil, adding pressure to DAPP’s technology-heavy exposure. The move follows the October 7 selloff described in the supplied market context.