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Bond Yields Surge on Iran Tensions as Bitcoin Faces Macro Headwinds; Fed Rate Expectations Rise
Bitcoin slipped below $65,000 as geopolitical risk drove US Treasury yields higher and oil toward $100, with July Fed rate-hike odds climbing to near 40%. Macro forces, not traditional cycles, are now the primary driver of crypto valuations.
AI Desk · Jul 23, 2026 · 1 min read


