Bitcoin slips below $84K as 10-year Treasury yield hits 19-year high

The move reinforces that bitcoin's near-term direction is being set by macro rates rather than crypto-native flows, with a 19-year high in the 10-year yield and a hawkish Fed pricing backdrop doing the work. The $6 billion long-dated buyback is the detail worth watching: it signals official sensitivity to long-end stress, and whether that calms yields or is read as insufficient is the open question for risk assets generally, not just crypto.