Analyst warns Bitcoin risks deeper correction as Treasury yields climb
- —The US 10-year Treasury yield is approaching multi-year highs
- —BTC fell below $82,000 last week after hotter-than-expected inflation data
- —The analyst compared current conditions to late 2018 and early 2025
- —Historical patterns do not guarantee another correction, he cautioned
Why it matters: Rising yields tighten financial conditions and could pressure risk assets, including Bitcoin.
Source: CoinCodex