Treasury yields holding steady but the game just shifted.
Two senior Treasury officials hinted the ~$1T Treasury General Account could fund increased bond buybacks. That pushed borrowing costs lower Monday.
$BTC noticed immediately.
Lower yields + softer dollar + easier financial conditions = risk-on for crypto. That's part of why $BTC reclaimed $80K.
Treasury actions are now a leading indicator for $BTC price action. This isn't just bonds anymore—it's liquidity flowing into risk assets.
Watch the TGA. When Uncle Sam prints or pivots, crypto moves.
Two senior Treasury officials hinted the ~$1T Treasury General Account could fund increased bond buybacks. That pushed borrowing costs lower Monday.
$BTC noticed immediately.
Lower yields + softer dollar + easier financial conditions = risk-on for crypto. That's part of why $BTC reclaimed $80K.
Treasury actions are now a leading indicator for $BTC price action. This isn't just bonds anymore—it's liquidity flowing into risk assets.
Watch the TGA. When Uncle Sam prints or pivots, crypto moves.
