🌐 Global & Macro: The 2-year US Treasury yield climbed to a new high of 4.743%, reflecting market expectations for tighter monetary policy or stronger economic data.
🏦 RWA & Institutional: No major RWA or institutional developments reported this hour.
⚡ Crypto & Markets: Bitcoin broke through the $80,000 milestone, with one trader long 450 BTC sitting on $276K unrealized profit. MicroStrategy (MSTR) saw daily trading volume reach $4.4B, with share volume surpassing Berkshire Hathaway. US crypto stocks extended gains, led by Robinhood (HOOD) surging over 7%.
💡 Key Takeaway: Macro yields spike while Bitcoin hits new all-time highs, signaling a risk-on crypto market despite tightening expectations.
RWA