The two- and ten-year Treasury yields hit a 12-month high. Bitcoin is still stuck below its 200-day average.

The two- and ten-year Treasury yields have reached a 12-month high, reflecting rising interest rates and economic concerns. In contrast, Bitcoin remains below its 200-day moving average, indicating a lack of momentum in the cryptocurrency market. This divergence highlights the ongoing challenges for Bitcoin as traditional financial indicators show strength. Investors are closely monitoring these trends as they could impact future market dynamics.

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