The 10-year Treasury yield reaching 5% ahead of the FOMC is a notable signal, especially with markets already expecting another rate hike. It also shows how inflation concerns continue to outweigh recession fears in the bond market. With the hike largely priced in, the bigger focus now shifts to the Fed’s updated projections and guidance. A hawkish dot plot could strengthen the dollar and add pressure across risk assets, including $BTC . A softer outlook could tell a different story for $BTC and equities, depending on how markets interpret the path ahead. For traders on BingX, the Fed’s forward guidance may ultimately matter more than the rate decision itself. #CMC Quest: Earn Rewards# #BTC Price Analysis# #Macro Insights#