đš BITCOIN FACES A NEW MACRO TEST
U.S. Treasury yields are staying above 5%, while oil prices remain elevated near $110.
At the same time, markets are watching the possibility of another Fed rate hike later this year.
Bitcoin is holding around the $83K area, but higher yields can make risky assets like crypto less attractive.
The big question now:
Can Bitcoin stay strong while borrowing costs keep rising?
Bullish or Bearish? đ
#Bitcoin #BTC #Crypto #Fed #economy
U.S. Treasury yields are staying above 5%, while oil prices remain elevated near $110.
At the same time, markets are watching the possibility of another Fed rate hike later this year.
Bitcoin is holding around the $83K area, but higher yields can make risky assets like crypto less attractive.
The big question now:
Can Bitcoin stay strong while borrowing costs keep rising?
Bullish or Bearish? đ
#Bitcoin #BTC #Crypto #Fed #economy