The US 30-year Treasury yield crossed 5.3% on Aug. 17 for the first time since June 2007 as crypto-collateralized lending remained $22.53 billion below its peak. Galaxy reported that crypto-collateralized lending fell to $56.16 billion in the second quarter. Bitcoin reached an intraday high of $64,610.01 that day.
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Bitcoin Faces 5.3% 30-Year Treasury Yield as Crypto Credit Falls $22.5B
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