The post Is Bitcoin’s price at risk of $58K after U.S 10-year yields near 5%, oil-driven inflation appeared on BitcoinEthereumNews.com.

Bitcoin entered March on the back of strong momentum, rallying to a high of $76,000 and positioning for its first bullish monthly close in half a year. However, that narrative has since unraveled. Early optimism, fueled by geopolitical developments involving the U.S, Iran, and Gulf states, has given way to macro-driven caution. At the time of writing, Bitcoin [BTC] was trading near $66,126, holding key levels but showing signs of vulnerability as sentiment shifts. Bond yields climb, tightening the screws The U.S 10-year Treasury yield has emerged as a central driver of market direction. In fact, the press time price action seemed to suggest that the yield may be consolidating within a bullish flag pattern, typically a precursor to further upside. A confirmed breakout could push yields towards the 5.0% level or higher, revisiting highs last seen in 2023. Such a move would likely accelerate capital rotation out of risk assets. Higher yields tend to strengthen the appeal of fixed-income instruments, drawing liquidity away from speculative markets. For Bitcoin, this dynamic has historically translated into downside pressure. Source: TradingView Between October 2021 and December 2022, for instance, yields rose from 1.45% to 3.90%. All while Bitcoin fell from $67,000 to $16,256 over the same period. If yields extend towards 5%, Bitcoin could retrace towards its next demand zone between $58,632 and $55,302. ETF flows flip as U.S investors de-risk Institutional sentiment in the U.S is beginning to turn too. In fact, Spot Bitcoin exchange-traded funds have recorded their first meaningful outflows in five weeks – Signaling a shift towards a risk-off posture. Roughly $296 million exited these funds over the past week, reversing part of the $2.12 billion accumulated over the previous four weeks. The shift suggested that recent buyers may be beginning to unwind positions as macro risks intensify.…

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Filed under: News - @ March 29, 2026 3:01 am