Bitcoin is trading around $76.8K, after slipping more than 2% earlier as global markets turned defensive.
The key pressure today is macro: U.S. Treasury yields have moved above 5%, the dollar is strengthening, and markets are pricing a high probability of another Fed rate hike. Higher yields can reduce appetite for risk assets like BTC.
At the same time, Bitcoin still has important bullish factors. Institutional demand remains visible, while traders are watching today's U.S. Senate CLARITY Act vote closely.
Market read: BTC is currently in a high-volatility zone around $77K. Holding this area could keep the door open toward the $80K psychological level, while renewed selling could bring the recent lows back into focus.
For a Binance Square post, the strongest angle today is **“Bitcoin caught between institutional demand and rising macro pressure.”**
