Treasury bond yields reached their highest levels in 12 months on May 15, pushing Bitcoin price close to $80,500 after a day of the Clear Law Committee vote.

The 10-year U.S. Treasury bond yield rose to 4.5% on May 15, the highest since May 2025, after April's Consumer Price Index data came in 3.8% higher than expectations.
CME FedWatch now indicates a 44% chance of the Federal Reserve raising interest rates by December 2026, sharply reversing previous expectations of multiple cuts this year.
Bitcoin's price remained below its 200-day simple moving average of $82,228 after failing to close above this level in five consecutive attempts this month.
U.S. Treasury yields rose to their highest levels in 12 months on May 15, with the 10-year bond yield reaching 4.54%, while two-year yields hit levels not seen since mid-2025.
This increase came after the Senate Banking Committee approved the Clear Law by a 15-9 bipartisan vote, briefly pushing Bitcoin above $82,000.
By Friday, macroeconomic pressures caused most of those gains to retreat.