Bitcoin under pressure: Will rising U.S. treasury yields trigger BTC selling?
The crypto market has stayed under pressure as capital steadily drains out of the space, and total market capitalization for digital assets now hovers near $2.17 trillion while valuations struggle to find a floor. Fragile economic conditions and the prospect of fresh action from the Federal Reserve remain a key threat to the outlook, and either one could weigh further on price performance across the board. Rate hike could be next Crypto analyst Benjamin Cowen expects the U.S. 10-year Treasury yield to keep gaining strength and sees a high chance of it reclaiming the 5% mark in the near term. A rising yield reflects instability in an economy, particularly around inflation, and Cowens prediction lands as the U.S. 30-year bond yield crossed 5.28% on the 31st of July, one of its highest levels since 2007. Source: TradingViewBenjamin Cowen The climb has been building for weeks, drawing investors toward lower-risk assets and steadily pulling capital away from bets like Bitcoin [BTC]. Cowen noted lowering rates does not automatically translate into lower yields, and he pointed to 2024-2025 as his case study. The Fed cut rates from 5.5% to 3.75% from 2024-2025 and yet the 30 year yield is higher today than when interest rates were 5.5%! He ties the









