The general situation on world markets and its impact on the Bitcoin forecast

Stocks fell after the benchmark 10-year Treasury yield briefly rose above 5% as investors increasingly accepted that interest rates will remain high.

Meanwhile, the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite fell about 0.5%. The ongoing bond sell-off and fears of escalating hostilities in the Middle East are weighing on the market.

The 10-year Treasury yield last rose more than 4 basis points to 4.97% on Monday, near its highest level since 2007.

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