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…
