✉news BusinessCrypto first seen 5 h ago, last 26 min ago, peak #12
Analysts see 10-year Treasury yield hitting 6%
Original: Analysts see 10-year Treasury yield hitting 6%. Bitcoin bulls shouldn't panic
Market analysts are projecting that the 10-year US Treasury yield could climb to 6%, a level not seen in years. Commentators argue that Bitcoin investors should not panic over rising yields, pushing back against the view that higher bond returns would necessarily draw money away from crypto assets.
Why now: Rising Treasury yields are reshaping expectations for risk assets, and the reassurance for Bitcoin holders is drawing attention from crypto investors.
10-year Treasury yieldBitcoinCoinDesk
Rank over time, top of the chart is #1. 5 snapshots from 5 h ago to 26 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/341660