Bitcoin rises nearly 5% as US Treasury yields decline
- —Bitcoin trades near $85,500 after briefly exceeding $87,000
- —10-year US Treasury yield fell to 4.95% from a peak of 5.04%
- —HSBC sees the 10-year yield at 4.65% by end-2026
- —The US is closing Iranian airlines, pushing oil prices higher
Why it matters: Falling long-term yields ease pressure on risk assets, but US-Iran escalation and oil remain key risks for bitcoin.
Source: Newsbit