Rising Bond Yields Challenge Crypto Market
Global bond yields are surging, with U.S. 10-year Treasury yields above 4.70% and UK 30-year yields at 5.35%, their highest since 1998. This trend is drawing investors towards safer assets, putting pressure on cryptocurrencies.
Impact:
Higher yields reduce risk appetite, causing potential crypto price corrections.
$BTC already faces declines as yields climb.
Strategy:
Diversify into stable assets like bonds.
Focus on utility-driven crypto projects.
Monitor economic trends and take profits strategically.