#USTreasuryInvestments 🚨
US Treasury yields spike to highest levels in a year adding new problem for Bitcoin liquidity
Bitcoin's April rebound is now facing a two-front macro test. The official Treasury curve for Apr. 29 placed the 10-year yield at 4.42%, the 30-year at 4.98%, and the 5-year at 4.05%.
Today, market charts show the same pressure zone, with the 10-year near 4.40%, the 30-year near 5%, the 5-year near 4.04%, and WTI crude elevated.
At the same time, Brent crude is trading above $126, its highest level since 2022, after fresh reporting says President Donald Trump is willing to keep the Iran blockade in place for months.
Bitcoin is trading near $76,049 today, about 40% below its October 2025 high. The broader crypto market is near $2.54 trillion, with Bitcoin dominance near 59.9%.
Those levels put Bitcoin in a different kind of test. The decisive issue is whether the rate market is raising the price of taking risk faster than crypto demand can absorb it.
If the 10-year yield moves toward or through 4.5%, Bitcoin's near-term ceiling may be set by oil, Treasury supply, real yields, and Fed liquidity operations before it is set by crypto-specific flow.
The market question is direct: if bonds keep selling off, does Washington need to reduce geopolitical oil pressure or ease Treasury and Fed plumbing before Bitcoin can retake risk appetite?
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