Markets· ★★★· bullish·

Bitcoin Funds Draw $2.5 Billion as 10-Year Treasury Yield Hits 5.31%

  • —Bitcoin funds took in $2.5 billion
  • —10-year US Treasury yield reached 5.31%
  • —Rising bond yields typically compete with crypto for capital
Why it matters: If inflows hold at high yields, bitcoin may cement its case as an asset decoupled from traditional finance.
Source: Google News (crypto query)