30-year U.S. Treasury yield rose to a new high of 5.33% since 2007, Brent crude oil surpassed $91 due to escalating U.S.-Iran conflict, while Bitcoin still held above $64,000.
Amid macroeconomic headwinds, with the 30-year U.S. Treasury yield rising to a new high of 5.33% since 2007 and Brent crude oil surpassing $91/barrel, Bitcoin still held the $64,000 mark, rising 1% on the day to around $64,100. Market risk appetite was affected by the escalating conflict between the U.S. and Iran, as Donald Trump threatened to bomb Oman if it intervened in U.S. actions in the region, leading to a decline in U.S. stock futures.
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