🇺🇸 US Treasury yields are climbing across the long end of the curve.
The 10-year yield moves to 4.85%, while the 20-year and 30-year yields rise toward 5.30%.
The move comes after the US Treasury announced a $6B buyback of longer-term debt, around 3× the size of its usual operation.
The goal is to improve liquidity and support smooth functioning of the Treasury market.
But for markets, rising long-term yields matter. Higher yields can increase borrowing costs and put pressure on risk assets, including stocks and crypto. 📉
BTC traders should keep an eye on the 10Y yield.
Do higher Treasury yields mean more pressure ahead for Bitcoin? 👀
Imagine losing money on $TRUMP and then getting rewarded with a meme coin from the other side of the political battlefield
Hunter Biden’s $LAPTOP is launching on Base with a 1 billion token supply, and 20% is reportedly allocated for airdrops, including wallets that lost money on $TRUMP
$ASTER is showing signs of a potential breakout after a long accumulation phase. 📈🔥
After months of sideways price action, a clean breakout with strong volume could trigger a much bigger move. The key is to see resistance actually break and hold before chasing.
CZ’s previously disclosed position was around 2.09M $ASTER with an average entry reported near $0.95.
If $ASTER finally escapes the range, the move could get aggressive. 👀🚀
Spot holders: position carefully, manage risk, and don’t chase the first candle.