Just saw that Bitcoin has dropped below the 67,000 mark – currently, the price is around $74,000. Interestingly, the yield on 10-year U.S. Treasury bonds is rising again and approaching the 1-year high of 4.5%. This is no coincidence: higher government bond yields make risk-free bonds more attractive, which often puts pressure on risk assets like Bitcoin. Many traders are currently watching this inverse correlation very closely. The question is whether the government bond yield will act as a ceiling for Bitcoin or if we will soon see a counter-movement. In any case, it’s an important factor to keep an eye on.