Analysis: Rising Volatility in US Treasury Yields Negatively Influences BTC According to a report by Coindesk, the recent surge in volatility in US Treasury yields could have negative implications for the price of Bitcoin (BTC). The report cites TradingView data, which shows that the MOVE index, a gauge of expected volatility in US Treasuries, has jumped 24% over the past seven days, reaching its highest level since early January. This increase in volatility could potentially weigh on riskier assets like stocks and Bitcoin, as it often reflects rising financial stress and risk aversion among investors. Additionally, the report highlights that the Shanghai Composite Index in China recently ended an 11-day winning streak with a drop, indicating that there may be a shift in investor sentiment away from riskier assets. If this trend continues, it could lead to a rotation of funds back into cryptocurrencies, providing some support for the price of BTC. However, it is important to note that the cryptocurrency market remains highly volatile, and any changes in the broader financial landscape could have a significant impact on its price.