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U.S. 10-year Treasury yield rises to a new cycle high above 5.27%
The move comes as Bitcoin faces renewed pressure, according to CoinDesk's live coverage.
CoinDesk reports that the U.S. 10-year Treasury yield surged to a new cycle high, moving above 5.27%.
The outlet also ties the higher yields to broader market pressure, noting Bitcoin remains under strain during its live updates.
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