Iran-UAE escalation pushes Bitcoin’s bond-market test into the 4.5% danger zone

Iran's attack on ships in the Strait of Hormuz and a drone strike on the Fujairah Oil Industry Zone sent Brent crude to $114.44 and WTI to $106.42, while the 10-year Treasury yield climbed to roughly 4.44% and the 30-year broke above 5%. Bitcoin registered an intraday high of $80,717.66 on May 4, putting its The post Iran-UAE escalation pushes Bitcoin’s bond-market test into the 4.5% danger zone appeared first on CryptoSlate.