The yield on 30-year Treasuries has just touched 5.44%, a level never seen since 2004. Rising oil prices and inflation worries are pushing long-term rates higher, and this is clearly not a good sign for liquidity. As a result: BTC is down 1.9% around 84 200$ and ETH is down 1.8% toward $2 670. As long as pressure on rates persists, every rally risks staying fragile. Would you overweight cash or ETH here? #MacroEconomics #Bitcoin