🔥 The Bond Market Just Broke a 2002 Record. $BTC Shrugged Stocks and Bitcoin used to move together. This week, they stopped. The 10-year Treasury yield hit 5.29% this week, the highest level since May 2002, as bond markets priced in a longer stretch of elevated rates. That kind of move usually drags every risk asset down together. Instead, Bitwise's European research head called the current split between $btc and the S&P 500 "the strongest decoupling in eleven years." Bitcoin is trading around $84,500, after briefly testing $87,800 on a short squeeze before meeting resistance there, still about a third below its October 2025 high near $126,000. The money backs up the decoupling story. Spot Bitcoin ETFs pulled in roughly $2.4 billion over the past week, the strongest stretch in nearly a year, pushing total ETF assets near $160 billion. Strategy added another 1,665 BTC, taking its total past 847,000 coins. On the Ethereum side, BitMine's treasury crossed 6 million ETH. None of this is retail chasing a pump. It's balance sheets getting built during a week bond traders were panicking. Underneath Bitcoin, the altcoin picture is split. Quant tripled in a week after The Clearing House, which settles $2 trillion daily for 25 US banks, picked it for a tokenized deposit network. $NEAR had its own good week: a hacker returned $3.8 million after an ultimatum, and the first US NEAR ETP launched days later. Whether this adds up to a real altseason is still contested, Glassnode's signal says yes, two other widely used indices still say no. The one soft spot in an otherwise tense week: cooler August inflation data pulled down the odds of another Fed hike in October. If that holds, this week's yield spike may already be peaking. If it doesn't, $83,500 is the level that decides whether Bitcoin's decoupling story survives its first real test. #BTC Price Analysis# #Altcoin Season# #Macro Insights#