Bitcoin falls below $68,000 as 10-year Treasury yield nears 1-year high of 4.5%

Bitcoin dropped below $68,000 as the 10-year Treasury yield approaches a 1-year high of 4.5%, creating selling pressure on risk assets. Liquidation data reveals a significant liquidity cluster around $66,000, indicating potential further downside for Bitcoin prices.

• →Bitcoin fell below the $68,000 support level amid rising Treasury yields.
• →The 10-year Treasury yield is nearing a 1-year high of 4.5%, pressuring crypto markets.
• →Liquidation heatmap data shows substantial liquidity clustering around $66,000.
• →The $66,000 level represents a potential downside target for Bitcoin.
• →Rising bond yields continue to create headwinds for risk assets including cryptocurrencies.