Bitcoin hits $81K as US bond yields rebound on global oil woes
60-second summary
Bitcoin surges to $81,000 as U.S. 30‑year Treasury yields climb, sparked by renewed concerns over global oil supply disruptions. The yield rebound lifts risk‑off sentiment, prompting investors to shift into Bitcoin’s perceived hedge against inflation. This price jump underscores crypto’s growing sensitivity to macro‑economic indicators, suggesting heightened volatility as bond markets fluctuate.
Bitcoin price action made swift gains at the start of Friday’s Wall Street trading session as US 30-year bond yields began rising again.