BNB$659.99+0.51%BRENT$93.51-0.29%BTC$74,834+0.56%COPPER$6.54+1.22%DJI$52,759-1.32%DOGE$0.0820+1.09%DXY98.74-0.15%ETH$2,345+0.17%GOLD$4,547+0.68%NDX$29,213-0.72%SILVER$69.17+1.61%SOL$89.02+0.15%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%BNB$659.99+0.51%BRENT$93.51-0.29%BTC$74,834+0.56%COPPER$6.54+1.22%DJI$52,759-1.32%DOGE$0.0820+1.09%DXY98.74-0.15%ETH$2,345+0.17%GOLD$4,547+0.68%NDX$29,213-0.72%SILVER$69.17+1.61%SOL$89.02+0.15%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%
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Bitcoin Faces Major Treasury Challenge Amid $22.5B Credit Drop

Key takeaways

  • The US 30-year Treasury yield surpassed 5.3%, coinciding with a $22.5 billion decline in crypto-collateralized lending, presenting challenges for Bitcoin.
#Bitcoin#Treasury#Crypto Lending

Analysis

The US 30-year Treasury yield surpassed 5.3%, coinciding with a $22.5 billion decline in crypto-collateralized lending, presenting challenges for Bitcoin.

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