Fed Holds Rates Amid Rising Bond Yields Pressure on Crypto

The Federal Reserve has decided to keep interest rates at their current level of 3.50%, 3.75%, maintaining a hawkish stance on inflation.

This decision comes as U.S. Treasury yields continue to rise, with the 10-year yield reaching 4.7% and the 30-year yield surpassing 5.2%. These increases reflect investor concerns over inflation and government debt.

The higher bond yields and a stronger U.S. dollar are expected to tighten financial conditions, creating a more challenging environment for risk assets like Bitcoin.