RWA ๐ Global & Macro: US Treasury yields hit a new high while Bitcoin rebounded above $79,000, signaling shifting market dynamics amid macroeconomic uncertainty. Analysis suggests Bitcoin has shown resilience to high rates, with the market potentially having already priced in Fed hike expectations.
๐ฆ RWA & Institutional: No major RWA or institutional developments reported this hour.
โก Crypto & Markets: A dormant whale address withdrew 116,490 HYPE tokens worth approximately $9.6 million from OKX after 119 days of inactivity, highlighting ongoing whale activity in the HYPE market.
๐ก Key Takeaway: Bitcoin’s resilience alongside record Treasury yields suggests the market may have absorbed Fed tightening expectations, while large HYPE withdrawals point to continued whale positioning.