🇺🇸📈 The US 10-year Treasury yield and the Fed funds rate are sitting at their highest levels since 2022.
Here’s the strange part.
The Fed has already cut rates in the last three meetings. Normally, long-term yields should cool down too. But that hasn’t happened. The US 10Y is still holding up high.
What does that tell us?
Markets simply don’t trust this easing cycle. Investors think inflation risks are still alive. They also expect rates to stay higher for longer. So money keeps flowing into bonds for yield, not into risk assets.
This is where things get tricky for crypto ⚠️
High yields make safe assets more attractive. Bitcoin and altcoins usually struggle in that environment. Liquidity tightens. Risk appetite drops. Even good news struggles to push prices higher.
Another thing to watch.
If yields stay elevated, the dollar often stays strong too 💵. A strong dollar usually puts extra pressure on crypto markets. It’s like trying to run uphill with weight on your back.
Until yields actually roll over, real relief for crypto may stay limited. Patience matters here ⏳.
If you enjoyed this update, don’t forget to like, follow, and share! 🩸 Thank you so much ❤️
#WriteToEarnUpgrade #USJobsData #BinanceBlockchainWeek #BTCVSGOLD #CryptoRally
