# MacroLiquidity

Crypto liquidity conditions are quietly weakening again — and many traders are underestimating the warning signs.
📉 Stablecoin reserves have reportedly fallen by roughly $4 billion over the past week, dropping toward $66.4 billion.
At the same time:
📈 The U.S. 10-year Treasury yield has climbed back above 4.7%
📈 The 30-year Treasury yield has moved above 5%
This combination matters far more than most retail traders realize.
🔥 Why Treasury Yields Matter for Crypto
Treasury yields represent “risk-free” returns in traditional finance.
When yields rise:
✅ Safer assets become more attractive
❌