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Bitcoin Bleeds $1B As 30Y Yield Hits 5.14%
Bitcoin is hanging on the edge at $76K as Treasury yields surge to multi-month highs — sending a clear warning to risk assets across the board. The 10-year is climbing on hot inflation, the Iran war's oil shock, and growing doubts that new Fed Chair Kevin Warsh can deliver the rate cuts Trump is demanding. Spot Bitcoin ETFs just bled nearly $1 billion in 24 hours, BlackRock's IBIT led the redemptions, and Goldman Sachs quietly dumped its entire XRP and Solana ETF stacks while rotating into Hyperliquid. Add Toyota's motor oil shortage, grocery prices jumping 3.2%, NYDIG warning the CLARITY Act…
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