【Market Update】On October 7, $BTC fell below $84,000, while U.S. Treasury yields approached 5.3%, making them an attractive high-yield alternative for investors. An analysis by CryptoSlate comparing data from 2,435 trading days since 2017 found that the linear relationship between $BTC price movements and changes in Treasury yields and the U.S. Dollar Index is actually weak, and this did not change significantly after spot ETFs launched. Despite the persistently tight interest-rate environment, $BTC has still gained a cumulative 84% since January 2024. (Source: X)

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