Something interesting is happening in the macro market. 👀

US Treasury yields are pushing higher, with the 10Y around 4.75%, yet the dollar has been weakening.

Usually, higher US yields can support USD because dollar assets become more attractive. But this time, inflation concerns, fiscal pressure and uncertainty around US growth are making the relationship less straightforward.

For crypto traders, this is worth watching because moves in Treasury yields → DXY → Forex can ripple across risk assets too.
I’ve been keeping an eye on Forex alongside crypto through BingX.

Do higher yields eventually strengthen the dollar, or is USD telling us something else?
Is this a bullrun or a Flippage
$BTC