According to CoinDesk, the 30-year U.S. Treasury yield rose to 5%, the highest level since July 2025, potentially putting pressure on risk assets like Bitcoin. Analysts say that with the Federal Reserve maintaining a tightening policy and long-term U.S. Treasury yields being attractive, funds may shift from riskless assets with no returns to relatively safer assets like bonds. sFOX executive Diana Pires stated that with yields still attractive and monetary policy remaining tight, the macro environment facing cryptocurrencies is still a headwind rather than a tailwind.

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