🚨 Bitcoin Is Feeling the Weight of Rising Yields
U.S. Treasury yields just pushed to multi-year highs, with the 30Y reaching around 5.62% and the 10Y near 5.29%, keeping pressure on risk assets. �
Reuters +1
$BTC is now hovering around $83,043, down 1.18%, after rejecting $84,564.
On the 15M chart, price sits below MA7, MA25 and MA99 — showing short-term weakness.
But here’s the bigger question:
Are rising yields a temporary headwind for Bitcoin… or could fiscal stress eventually strengthen the alternative-asset narrative?
BTC remains at a critical macro crossroads. 📊🔥
You could take this post one step further with: $QNT $NEAR
U.S. Treasury yields just pushed to multi-year highs, with the 30Y reaching around 5.62% and the 10Y near 5.29%, keeping pressure on risk assets. �
Reuters +1
$BTC is now hovering around $83,043, down 1.18%, after rejecting $84,564.
On the 15M chart, price sits below MA7, MA25 and MA99 — showing short-term weakness.
But here’s the bigger question:
Are rising yields a temporary headwind for Bitcoin… or could fiscal stress eventually strengthen the alternative-asset narrative?
BTC remains at a critical macro crossroads. 📊🔥
You could take this post one step further with: $QNT $NEAR
