Macro· ★★★★· bearish·

Crypto and Stocks Selloff Traced to 30-Year Treasury Yield Hitting 5.70%

  • —30-year Treasury yield hit 5.70% and the 10-year reached 5.35%, a 24-year high
  • —$1.16 billion was liquidated in 24 hours, 90% longs, hitting about 190,000 accounts
  • —Spot BTC ETFs posted $484.9 million in net outflows, the largest since June 25
  • —Altcoins fell 10–30%: BOME −30%, BLUR −29%, STRK −28%, NEAR −13%
Why it matters: The October 14 CPI print is the key trigger: a hotter reading would raise odds of a rate hike and deepen pressure on crypto and tech stocks.
Source: ChainCatcher 链捕手