#squarecreator - Strategic Fall: Bitcoin collapses after recent highs due to macroeconomic pressure.

$BTC - From enthusiasm to fear: the effect of the bondsEnergy in free fall: OPEC+ shakes the crude marketGold and geopolitics: the safe haven gains groundBitcoin: increasingly sensitive to the global contextThe Fed: mixed messages?

Bitcoin suffered an abrupt drop over the weekend, just hours after reaching levels above $97,000, its highest point in several months. By early Monday, the price was already below $95,000, a clear sign of fragility in risk appetite. The leading cryptocurrency seems to be increasingly aligned with the fluctuations of traditional markets and their macroeconomic tensions.

The immediate trigger was the labor report published in the United States on Friday, which showed the creation of 177,000 jobs in April, slightly exceeding market expectations. Although the unemployment rate rose to 4.2%, the overall data was interpreted as a sign of economic resilience, which pushed Treasury bond yields up again.

From enthusiasm to fear: the effect of the bonds

Bitcoin nearly touched $98,000 at the close of Friday, in an initial boost following the labor data. However, that euphoria was short-lived. The rise in the yield of the 10-year U.S. bond above 4.3% raised concerns that the Federal Reserve could delay any rate cuts even further.

This perspective of high rates for a longer period directly impacts risk assets. In recent quarters, Bitcoin has shown a high correlation with the stock market, especially with indices like the Nasdaq and the S&P 500, which reinforces its exposure to changes in monetary policy.