Just caught that the 30-year Treasury yield broke through 5% and honestly, the timing feels rough for Bitcoin right now. When bonds are offering that kind of yield, it pulls some attention away from crypto since people can get safer returns without the volatility. The macro environment has been pretty tough lately with rates staying elevated. Bitcoin has historically struggled when Treasury yields spike like this because traditional assets suddenly look more attractive on a risk-adjusted basis. Worth keeping an eye on how long this yield stays elevated - if it sticks around, could pressure crypto prices in the near term. The correlation between macro rates and Bitcoin moves seems pretty tight these days.

BTC-0.06%
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