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The entire hearing did not mention cryptocurrencies, but the macro backdrop of uncontrollable deficits and high yields continues to suppress risk appetite, with $ZEC also constrained by this liquidity environment. Going forward, it is worth observing whether U.S. Treasury yields can stabilize below 5% and whether the cash distribution plan provides a credible funding source. #FedFirst25BpsHikeSince23 #CryptoTaxAndBTCReserve #LongYields5%NewNormal