Bitcoin price steadies, ONDO rallies as US Treasury yields hit 2007 highs
60-second summary
Bitcoin steadies near $84,000 as US Treasury yields climb to a 19‑year high, pressuring risk assets. Meanwhile, ONDO surges, becoming the day’s top‑performing altcoin with notable gains. The yield spike underscores tightening monetary conditions, which could dampen broader crypto demand, while ONDO’s rally hints at selective investor appetite for high‑risk tokens.
US Treasury yields hit a 19-year high on Thursday, pressuring risk assets as Bitcoin held near $84,000 and ONDO became top performer among altcoins.