币圈老鱼🌊🌊|Sep 23, 2026 15:39
The main reason behind the sudden market crash just now is that the U.S. 10-year Treasury yield has broken through 5%, currently sitting at 5.07%. This is the anchor for global asset pricing. The higher the 10y yield, the more valuations of risk assets (including $BTC, AI stocks, etc.) are forced to adjust downward (decline).
The last time it hit 5% was in October 2023. After touching 5% back then, the 10-year yield started to drop continuously, and October 2023 kicked off a very impressive bull market that lasted all the way until February 2024. Not sure if you all still remember that.
This time, whether it will play out like October 2023 remains to be seen. The Treasury is likely actively managing and intervening in the yield curve now, so they probably won’t just let 5% slide.
Back to crypto—those bros who were shouting about waiting for a dip to jump in a couple of days ago, the opportunity is here. Whether you take it or not is up to you.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink