🚨 Bitcoin briefly fell below $79K as rising bond yields and renewed inflation fears triggered a broad market selloff across crypto, stocks, and commodities. $BTC dropped to around $78.6K before stabilizing near $79K, reversing gains that followed recent progress on the U.S. CLARITY Act. 📉 The main catalyst: • U.S. 10-year Treasury yields surged to 4.58% • UK bond yields hit their highest level since 2008 • WTI oil jumped above $100/barrel Markets rapidly shifted expectations from potential Fed rate cuts toward possible rate hikes again. According to CME FedWatch data, traders now see nearly a 50% chance of another Fed hike before year-end — a massive reversal from just one week ago. The selloff spread across risk assets: 🔻 $ETH 🔻 $SOL 🔻 $XRP 🔻 $SUI 🔻 AI-related mining narratives Crypto-related stocks were hit even harder: • Coinbase -6% • Circle -7.4% • Bitcoin miners like $MARA and $HUT saw sharp declines 🧠 Key takeaway: The market is realizing inflation may still be winning. Hot CPI, PPI, and rising oil prices are forcing traders to reprice the entire macro outlook — creating pressure on high-risk assets including crypto. While regulatory progress like the CLARITY Act remains bullish long term, macro conditions and rising yields are currently dominating short-term market direction. #BTC #Bitcoin #ETH #SOL #Crypto #ETF #AI #OKXOrbit