【Analyst: The rise in global government bond yields may hinder further increases in cryptocurrency】According to Golden Finance, analyst James Van Straten stated that since the end of 2024, the cryptocurrency market has been in a bull market, but the trend of rising global government bond yields seems to have become undeniable. The U.S. 10-year Treasury yield is considered the global standard benchmark, and as of Wednesday, this yield has risen to 4.70%, close to a multi-year high, having increased by more than 100 basis points since the Federal Reserve first cut the federal funds rate in September. Meanwhile, the 30-year UK government bond yield rose to 5.35% on Wednesday, the highest level since 1998. Since the Federal Reserve's first rate cut in September, this yield has increased by 105 basis points.