Macro· ★★★★· bearish·

Bitcoin Slips to $83,443 as 30-Year Treasury Yield Hits 22-Year High

  • —30-year Treasury yield hit 5.444%, the highest since 2004
  • —10-year Treasury yield reached 5.148%, the highest since 2007
  • —Dollar index DXY rose to 101.238, an eight-week high
  • —Spot ETFs took in $452 million: $347 million into Bitcoin funds, $105 million into Ether
Why it matters: Rising real yields and a stronger dollar weigh on Bitcoin, though ETF inflows are partly offsetting the macro pressure.
Source: The Coin Republic