Bitcoin falls below $79k as bond yields surge
The post Bitcoin falls below $79k as bond yields surge appeared on BitcoinEthereumNews.com. Bitcoin fell to $78,600 on May 15 as bond yields surged to a 12 month high, rattling risk markets. Summary Bitcoin fell to $78,600, down roughly 4% from Thursday’s $82,000 high, as bond yields hit their highest since May 2025. The 10-year Treasury yield reached 4.54% while Fed rate hike probability surpassed 44% according to CME FedWatch data. Crypto-linked equities including Coinbase, Circle and Strategy fell between 5% and 7% in the same session. The US 10-year Treasury yield surged to 4.54% on May 15, its highest point since May 2025, after hotter than expected CPI and PPI data stoked fears of a Federal Reserve rate hike. The 30-year yield crossed 5% while the 2-year broke above 4%. Inflation and yields hit crypto and equities Bitcoin fell as low as $78,600, down roughly 4% from Thursday’s $82,000 high, before stabilising slightly above $79,000. The selloff spread to equities, with the Nasdaq