Postaus

Crypto’s biggest chart today may not be a crypto chart. The U.S. 10-year Treasury yield just broke 5.03%—its highest since 2007—as oil approached $108 and markets priced a 94% chance of a Fed hike tomorrow. That combination raises the cost of capital everywhere. For altcoins, the next catalyst may come from the bond screen before the candlestick. #FOMCRateCallThisWeek #AIAnxietyHitsChipStocks #SaudiOilPipelineDamaged