Bitcoin Faces Data Gauntlet as Treasury Yields Hit 2007 Highs
- —Bitcoin ranges between $83,000 and $84,500, down 33% from its $126,210 peak
- —10-year Treasury yield near 5.23%, the highest since 2007
- —Odds of another Fed rate hike on Oct. 28 seen at 64–70%
- —August PCE lands Sept. 30, September jobs report on Oct. 2
Why it matters: Rising real yields raise the bar for non-yielding assets, leaving ETF inflows as bitcoin's main support.
Source: Blockhead