Bitcoin price steadies, ONDO rallies as US Treasury yields hit 2007 highs

Bitcoin price steadies, ONDO rallies as US Treasury yields hit 2007 highs

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Bitcoin (BTC) had a volatile Thursday during US hours as the yield on the 10-year US Treasury note climbed to its highest level in nearly two decades.

After briefly falling below $83,000, BTC struggled to reclaim $84,500.

Ondo Finance (ONDO), meanwhile, was among the top-performing altcoins.

Key points:  The US 10-year Treasury yield rose more than 4 basis points to 5.18% on Thursday, its highest level since July 2007, according to TradingView data.

The 30-year yield hit 5.46%, reclaiming 2004 highs.

Source: TradingView The climb came on the day the US Treasury was scheduled to buy back up to $6 billion in bonds maturing in roughly 20 to 30 years, part of an expanded program aimed at improving liquidity in long-dated debt markets.

International bond markets also weakened, while the Japanese yen (JPY) came under renewed pressure.

El-Erian, president of Queen’s College Cambridge, wrote on X: “Flying under many radars for now, but probably not for long: The Japanese Yen has weakened back to 159 per U.S.

Analiz: Piyasa hareketliliği devam ediyor.