Bitcoin Holds Near $84,000 as US Treasury Yields Hit 19-Year High; ONDO Leads Altcoins

The interesting signal here is the divergence: Bitcoin holding near $84,000 while Treasury yields reach a 19-year high suggests crypto is no longer trading purely as a rate-sensitive risk asset. The rotation into ONDO specifically, rather than a broad altcoin rally, hints that tokenized real-world asset narratives are attracting capital on their own merits. Whether that decoupling persists if yields keep climbing — and whether ONDO's leadership broadens or stays isolated — is the open question.