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10-year US Treasury yield breaks 5% I am the mid-term intelligence guy. With the 5% knife flashing, I’m not looking at whether $BTCwill rise first, but who will bleed first—US growth stocks, crypto leverage, and REITs all have to tremble. Putting money in US Treasuries and getting 5% risk-free, who still chases high beta? BTC is essentially a "risk asset on the tail of easing." When risk-free yields rise, on-exchange leverage is dismantled first, market makers shrink first, and altcoins di