[Bloomberg Analyst: Gold and Bitcoin Rebound Faces Pressure from High U.S. Treasury Yields] BlockBeats News, September 17, Bloomberg commodity strategist Mike McGlone stated in an article that gold, Bitcoin, and the U.S. 10-year Treasury yield are currently facing key resistance levels of $4,500/ounce, $80,000, and 5%, respectively. McGlone pointed out that gold and crypto assets may have peaked after previously breaking through $5,000 and $100,000. Both have recently rebounded from critical support levels near $4,000 for gold and $60,000 for BTC, but these non-yielding, speculative, and highly volatile assets are now under pressure as the U.S. 10-year Treasury yield rises to 5%.