Bitcoin has one level left before macro pressure opens the path to $75k as Treasury yields extend two-day correction
The post Bitcoin has one level left before macro pressure opens the path to $75k as Treasury yields extend two-day correction appeared on BitcoinEthereumNews.com. Make CryptoSlate preferred on Bitcoin touched $77,711 intraday before recovering to near $78,225, spending a second consecutive session under macro stress as US Treasury yields held near multi-month highs. The 10-year yield reached 4.599%, while the 30-year climbed 11.8 basis points to 5.131%, its highest level since May 2025. BTC is down 3.9% from its May 15 opening above $81,000, with the same move pulling stocks and bonds lower alongside it. The $77,700-$78,000 zone, already the next support shelf when BTC failed below $82,000, now carries the full weight of that macro test. Bitcoin dropped from a May 15 open above $81,000 to an intraday low of $77,711 before recovering to $78,225, testing the $77.7K-$78K support band. The macro weight As a non-yielding asset, BTC now competes directly with a Treasury complex paying 4.5%-5