đš Crypto Market Alert! đš
The crypto market is feeling the heat as rising bond yields shake up global markets. Here's what you need to know:
đ° Rising Bond Yields
The 10-year Treasury yield hit 4.70%, and the 30-year yield climbed to 4.61%.
Higher yields = tighter monetary policy = bad news for risky assets like crypto!
đ Big Drops Across Crypto
Bitcoin (BTC): Down 4%, now at ~$97,000.
Ethereum (ETH): Dropped over 5%.
Ripple (XRP): Lost more than 5%.
Solana (SOL): Also down over 5%.
đ Why Itâs Happening
Strong job market data keeps inflation fears alive, pushing yields higher.
The Fed is staying hawkish with fewer rate cuts planned for 2025.
đź Whatâs Next?
With the Fed meeting minutes dropping soon and key economic data coming this week, the market could face more downside risk.
đ Trade Idea: This could be your chance to short Bitcoin, Ethereum, or other altcoins and ride the wave as prices dip further. đ€
Stay cautious and watch the chartsâvolatility is the name of the game! âĄ
SHORTING is the ANSWER .


