💸 Bitcoin is back at September lows — and crypto isn't the reason

Global bond yields just hit levels unseen in decades, and risk assets are taking the hit. BTC dropped to $75,560, wiping out the previous day's recovery to $79,600 in a single session.

🔸 US 10-year yield: 5.041% — first time since 2007
🔸 G7 average 10-year: 4.285% — highest since the 2008 financial crisis
🔸 UK 30-year gilts: 5.95% — not seen since 1998
🔸 WTI crude near $105, driven by Middle East supply fears

Rate hikes are back on the table: the Fed is expected to move Wednesday, the Bank of Japan on Friday. Meanwhile the CLARITY Act — a bill that would divide crypto oversight between the SEC and CFTC — got just 14% odds on Polymarket, per Cointelegraph.

Bonds at 30-year highs, oil surging — Bitcoin just happened to be standing nearby.