The US 30-year Treasury Yield Just Hit 5% and BTC USD May Pay the Price
The bond market just delivered a body blow to risk assets. The 30-year U.S. Treasury yield crossed 5% early Thursday, a level tested only twice in the past two decades, and BTC USD is already feeling it, sliding to $76,400, down roughly -2% in 24 hours. The question now is whether this is a brief…
