Woke up to some green after yesterday's bloodbath. Bitcoin bounced back when Trump announced he's pausing the Iran strikes for 10 days to let talks continue. That's honestly the kind of headline that can shift sentiment quick, especially when markets are already jittery about the Middle East escalation.

Yesterday was rough across the board - bitcoin dropped over 3% and the Nasdaq fell 2.4%. But once the pause news hit, we saw some recovery. Bitcoin's now hovering around $72.8k after being down pretty hard. ETH, XRP, and Solana all clawed back from their lows too, though they're still down 3-5% on the day.

What's actually more concerning than the geopolitical stuff is what's happening in bond markets. The 10-year Treasury yield jumped to 4.43% yesterday and is sitting around 4.41% now. That's a serious move. A few weeks ago it was below 4%, and now everyone's talking about rate hikes instead of cuts. This is playing out across Europe too.

Oil prices are still elevated from all the Middle East tension, which is adding to the broader market stress. The pause helps short-term sentiment, but there's still a lot of uncertainty hanging over things.

On the altcoin side, WLFI (that Trump-linked project) got hit hard - down 12% to its lowest level since launch after some controversy around their lending strategy on Dolomite. Seems like the market's not thrilled with their collateral moves right now.