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US Treasury yields surged after resilient US economic data prompted traders to lower their expectations of aggressive Fed rate cuts this year.
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#BTC
#MaroetUpdate
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BTC Dominance (BTC.D) is showing continuous growth on the 4H chart, with a strong resistance now acting as support—indicating bullish momentum. This could provide additional fuel for Bitcoin to climb even higher in the coming sessions. As for altcoins, we might witness a period of correction or sideways movement as BTC gains dominance. Alt holders should brace for potential pullbacks while Bitcoin continues to attract attention from investors. Overall, this scenario could lead to a temporary slowdown for alts but offers a strong setup for Bitcoin's next leg upward. Stay vigilant and monitor key levels closely! 🚀$BTC
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