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Jason Pizzino, crypto trader & analyst at YouTube / Trading, reports that 30-year U.S. yields have reached their highest daily closing price in nearly 12 months, now rising above 5 percent.
He observes that the trend of higher lows and higher highs is not a favorable long-term sign for the U.S.
Pizzino has previously highlighted fast-moving developments in digital assets. In March, he warned that Bitcoin could be nearing a pivotal rally, cautioning that many in the market might be unprepared. Earlier, he observed that the duration of Bitcoin's rebound from recent losses reached 12 weeks, longer than in prior recoveries.