✉news BusinessCrypto first seen 3 h ago, last 3 h ago, peak #30
Bitcoin Falls as Treasury Yields Hit 24-Year High
Original: Bitcoin Falls as Treasury Yields Find Fresh 24-Year High -- 2nd Update
Bitcoin is declining as US Treasury yields climbed to a fresh 24-year high, according to market coverage carried by Moomoo. Rising yields, which make risk-free government debt more attractive, are weighing on risk assets including cryptocurrencies. Traders are watching whether sustained yield pressure forces further pullbacks in digital assets and equities.
Why now: Rising Treasury yields are pressuring risk assets like bitcoin, drawing investor attention to the sell-off.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1392746