The negative correlation between Bitcoin price and 10-year U.S. bond yields exceeded 90% within half a year. Yesterday’s sharp rise in U.S. bond yiel

According to SoSo Value data, the US 10-year Treasury yield and Bitcoin price have shown a significant negative correlation in the past 6 months, reaching -90.61%. Yesterday, the US 10-year Treasury yield rose sharply to 4.3, and the overall US stock market adjusted, with Bitcoin prices falling more than 5% in the past 24 hours.In addition, US meme stocks continued to plummet, while the cryptocurrency meme sector fell by more than 12% in the past 24 hours, leading all cryptocurrency sectors, while the SocialFi sector fell by only 4.58% in the past 24 hours.