Bitcoin is further declining to the 67,000 dollar range as oil prices and U.S. Treasury bond yields surge due to concerns about ground warfare between the United States and Iran.
The yield on the 10-year U.S. Treasury, the representative interest rate for U.S. government bonds, is approaching 4.5% and heading toward its highest level since July of last year, which is dampening the investment appeal of risky assets including digital assets.
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It is said that the 10-year U.S. Treasury at 4.5% is an important indicator signaling that the economy is in danger.
Perhaps for this reason, I've heard that there's a pattern where Trump does TACO when the U.S. 10-year Treasury reaches 4.5%.
I wonder what kind of taco he'll do this time...
It's not like the global economy is playing see-saw at every word Trump says,
I really have no idea what he's doing...
