Bitcoin Stands Firm Above $64K Despite Soaring Bond Yields

Bitcoin has maintained its price above $64,000 despite rising bond yields and oil prices that typically reduce appetite for risk assets. The cryptocurrency traded near $64,100 on the day, up 1%, after the 30-year US Treasury yield hit a 15-year high of 5.33% and Brent crude oil topped $91 a barrel amid escalating tensions between the US and Iran.

These factors usually push investors away from riskier assets like cryptocurrencies, but Bitcoin remains relatively stable and even positive, suggesting some fresh buying interest. A break above $64,500 could indicate stronger resilience, but rising oil and yields continue to pose risks to crypto's momentum.