Bitcoin Falls Back Below $85K As Treasury Yields Jump Above 5%

Bitcoin fell below $85,000 as a sharp rise in U.S. Treasury yields, with the 30-year yield surpassing 5%, intensified pressure on risk assets. Higher yields increase the relative appeal of fixed-income investments and tighten financial conditions, weighing on demand for Bitcoin. The move highlights Bitcoin’s sensitivity to macroeconomic shifts and suggests continued volatility if borrowing costs and yields remain elevated.