The US 2-year Treasury yield hit 4.14%, its highest since February 2025, pressuring Bitcoin and crypto as investors reassess rate cut expectations.

Long-term US Treasury yields hit 5.20%, the highest since 2007, as inflation worries and geopolitical tensions drive investor demand for greater returns on government bonds.

The 30-year Treasury yield hit 5.121% as traders price in two-thirds chance of Fed rate hikes by December 2026, pressuring Bitcoin and risk assets.