Rising yields, oil prices leave bitcoin vulnerable ahead of U.S. inflation report

60-second summary

Rising Treasury yields and higher oil prices push Bitcoin lower as traders brace for the U.S. inflation report due later today, with Bitcoin hovering around $26,800 after slipping 1.2% overnight; the tightening financial environment and commodity strength signal heightened risk aversion, suggesting further downside pressure on crypto assets if inflation data confirms tightening expectations.