🚹 CHINA RISKS OFF SHOCKWAVE HITS $BTC! 🚹

China ordering banks to trim US Treasuries is pure macro fear hitting crypto markets. This is a massive signal about risk appetite globally.

‱ Authorities cited concentration risks in US debt.

‱ Gold jumped above $5,000 instantly.

‱ Elevated Treasury yields put pressure on risk assets like $BTC.

$BTC just slipped towards $70K as a result. Volume is down 15% and derivatives show increased selling pressure. Stay alert, this sentiment shift matters.

#Bitcoin #Macro #RiskOff #CryptoTrading #TreasuryYields 📉

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