The yield on the 30-year US Treasury note has surged to 5%, its highest level since July 2025, prompting concerns among crypto analysts that rising yields could hinder bitcoin's performance. As bond yields increase, they become more attractive to investors, potentially leading to a shift in capital away from riskier assets like cryptocurrencies. This trend is exacerbated by the strengthening US dollar and rising oil prices, which are contributing to higher long-term inflation expectations. According to experts, the combination of these factors is likely to maintain pressure on bitcoin and other risk assets, at least in the near term.