Post
Abdulmt
Bitcoin isn't trading in isolation right now.
Treasury yields have moved higher, with the U.S. 10-year recently reaching around 5.17%.
At the same time, oil prices have risen and expectations around tighter financial conditions have increased.
That matters for crypto.
When yields rise, investors have to reconsider how much risk they want to take.
So today's BTC chart isn't just a crypto story.
Macro matters.
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