$BTC
When yields rise, the initial reaction is typically rather negative for risk assets such as BTC
Elevated yields tend to dampen risk appetite and exert noticeable pressure on assets like Bitcoin
Bessent announced six billion dollars in Treasury buybacks, falling somewhat short of the ten billion several investors had anticipated
The market was quite visibly disappointed, with the 10-year yield surging to 4.85%—its highest level since 2023
The key takeaway: investors were seeking a considerably more aggressive intervention
$ETH
$XRP
#USGovernment #Market_Update
When yields rise, the initial reaction is typically rather negative for risk assets such as BTC
Elevated yields tend to dampen risk appetite and exert noticeable pressure on assets like Bitcoin
Bessent announced six billion dollars in Treasury buybacks, falling somewhat short of the ten billion several investors had anticipated
The market was quite visibly disappointed, with the 10-year yield surging to 4.85%—its highest level since 2023
The key takeaway: investors were seeking a considerably more aggressive intervention
$ETH
$XRP
#USGovernment #Market_Update
