Key Takeaways:
Bitcoin fell below $77,000 on Friday, hitting an intraday low of $76,476 amid a $1,000 flash sell-off.The drop helped drag the total crypto market cap down to $2.65 trillion.Bitunix analysts warn that if U.S. Treasury yields trend higher, BTC faces severe expansion in volatility.Already, cooling geopolitical tensions have caused WTI and Brent crude oil prices to tumble below $100 and $105 per barrel, respectively. Easing oil prices, in turn, took the steam out of rising bond yields, with the 10-year U.S. Treasury yield ticking down to 4.55 percent after testing 4.63 percent earlier in the week. According to one report, this slight cooling helped stabilize stock valuations, particularly within high-growth tech sectors.
