Bitcoin Drops 30% as Fed Rate Cuts Fail to Lower Bond Yields

TLDR Bitcoin has fallen 30% from its October peak despite expectations of Federal Reserve rate cuts The U.S. 10-year Treasury yield remains above 4%, up 50 basis points since the Fed’s first rate cut in September 2024 Rising Japanese government bond yields and expectations of a Bank of Japan rate hike are pressuring global bond […] The post Bitcoin Drops 30% as Fed Rate Cuts…