Rising global bond yields could put downward pressure on cryptocurrency prices, according to a report from CoinDesk. The publication notes that as investors flock to bonds seen as less risky assets, demand for riskier assets like cryptocurrencies could wane. This could lead to lower prices for cryptocurrencies. The report also highlights that central banks around the world are raising interest rates to combat inflation, which is also making bonds more attractive to investors. As a result, the demand for cryptocurrencies could continue to decline, leading to lower prices in the coming months.