#BTC fell on the day by 2.06%, and after failing to break through the $87,000 level, it pulled back to around $84,425. In addition to the risk-off sentiment triggered by developments in the Middle East, a surge in U.S. Treasury yields is also putting pressure on risk assets.
Right now, the 10-year U.S. Treasury yield has risen to 5.11%, which is an extremely high level. In simple terms, the higher the Treasury yield, the more readily capital flows into relatively safer bonds, and high-risk assets like BTC may face pressure.
Meanwhile, the U.S. government continues to issue Treasuries, and increased financing demand in the AI sector has further intensified competition for market funds. In the short term, BTC still needs to watch the $87,000 resistance level.#美债10年期收益率创19年新高
Right now, the 10-year U.S. Treasury yield has risen to 5.11%, which is an extremely high level. In simple terms, the higher the Treasury yield, the more readily capital flows into relatively safer bonds, and high-risk assets like BTC may face pressure.
Meanwhile, the U.S. government continues to issue Treasuries, and increased financing demand in the AI sector has further intensified competition for market funds. In the short term, BTC still needs to watch the $87,000 resistance level.#美债10年期收益率创19年新高
