Bitcoin Holds Near $72K as US 10-Year Treasury Yield Hits 5%
- —US 10-year Treasury yield hit 5.00% on September 18
- —Yield eased to 4.95% on September 21 but stayed elevated
- —UK gilt yields rose to multi-year highs
- —Bitcoin is holding around the $72,000 level
Why it matters: Rising bond yields raise the opportunity cost of risk assets and could cap bitcoin's upside in the near term.
Source: TokenPost