There's some serious correlation between what treasury yields decide to do and what happens to bitcoin (and ultimately the entire crypto market). In March we saw a peak in rates AND in BTC. Then the summer bottom in rates clearly correlated with the bottom in BTC. Then this week the 10y decided to stall out around 1.65% and start heading lower and bitcoin is following. I had heard some people say that this bull market would be drawn out longer than usual and I wasn't onboard with that idea, but I can see now how it could be. It's gonna get interesting. We need to see what the Fed does in November, but with other central banks already raising rates I think they'll be forced to let rates rise a bit. Just remember that nothing pops asset bubbles like peaking yields. There's always a point where people rush for the exits (into the safety bonds).