Crypto News | 10-Year Yields Hit 5.04%, Bitcoin Falls to $76K, Clarity Act Odds Halve — The Fed Decides Tomorrow and the BOJ Friday
The 10-year Treasury yield cleared 5% for the first time since October 2023 and the 30-year hit 5.40% — its highest since June 2007 — as the curve steepened ahead of Wednesday's near-certain 25bps Fed hike. Bitcoin lost the 50-week EMA at $77,430 it reclaimed Monday, falling to $76,000 as 92 of the CoinDesk 100 constituents declined. Clarity Act odds halved on Polymarket to 17-18% after Democrats tabled a counterproposal hours before Tuesday's cloture vote. Strategy passed Ford by market cap with its Bitcoin position up less than 1%. The BOJ decision Friday is the one that matters most for crypto — a carry trade unwind is mechanical selling that correlation data doesn't capture.
Bitcoin Slides to $76,000 as the 50-Week EMA Reclaim Fails and Yields Hit 5.04%
$BTC
$EMA.US
$ENA
#FedRateWatch #BitcoinFalls4% #ArgentinaCommitsToOECDCryptoReportingBy2029 #USDTLaunchesOnZamaPrivacyProtocol #USDTLaunchesOnZamaPrivacyProtocol
The 10-year Treasury yield cleared 5% for the first time since October 2023 and the 30-year hit 5.40% — its highest since June 2007 — as the curve steepened ahead of Wednesday's near-certain 25bps Fed hike. Bitcoin lost the 50-week EMA at $77,430 it reclaimed Monday, falling to $76,000 as 92 of the CoinDesk 100 constituents declined. Clarity Act odds halved on Polymarket to 17-18% after Democrats tabled a counterproposal hours before Tuesday's cloture vote. Strategy passed Ford by market cap with its Bitcoin position up less than 1%. The BOJ decision Friday is the one that matters most for crypto — a carry trade unwind is mechanical selling that correlation data doesn't capture.
Bitcoin Slides to $76,000 as the 50-Week EMA Reclaim Fails and Yields Hit 5.04%
$BTC
$EMA.US
$ENA
#FedRateWatch #BitcoinFalls4% #ArgentinaCommitsToOECDCryptoReportingBy2029 #USDTLaunchesOnZamaPrivacyProtocol #USDTLaunchesOnZamaPrivacyProtocol