Ouch. The U.S. 30-year Treasury yield just hit 5% and bitcoin may pay the price
Hawkish dissent within the Federal Reserve, elevated oil prices and rising long-term inflation expectations are pushing bond yields higher.
As bond yields rise, particularly the 30-year Treasury yield reaching 5%, investor sentiment may shift away from riskier assets like Bitcoin, leading to potential downward pressure on BTC prices. Elevated oil prices could further exacerbate inflation concerns, impacting market stability.
Hawkish dissent within the Federal Reserve, elevated oil prices and rising long-term inflation expectations are pushing bond yields higher.
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