๐ Global & Macro: Societe Generale flags 5.5% on the 10-year U.S. Treasury yield as a critical threshold for equity valuations, warning that a break above could pressure stocks.
๐ฆ RWA & Institutional: Gate exchange expands into precious metals with exclusive Gold CFD trading, offering 5x and 10x leverage, and now supports leverage from 5x to 500x, bridging crypto and traditional assets.
โก Crypto & Markets: Bitcoin faces stiff resistance at $83K, with Glassnode reporting that market groups have turned to net selling, indicating short-term bearish sentiment and profit-taking.
๐ก Key Takeaway: Mixed signals: macro headwinds from rising yields, institutional diversification into gold, and crypto facing technical resistanceโinvestors should watch the $83K BTC level and 5.5% yield as pivotal markers.
RWA