US debt is getting more expensive and What does it mean for crypto? US Treasury yields have been rising, with 10Y yields moving above 5%. That matters for crypto. Higher yields make Treasuries more attractive compared to risky assets, pulling liquidity away from crypto. But there’s another side to it. The longer yields stay high, the more expensive US debt becomes to service. That increases pressure on policymakers to intervene - potentially through lower rates, bond purchases, or easier monetary policy. And if liquidity starts flowing back into the market, crypto could benefit significantly. For now, the key things to watch are: > US inflation > 10Y Treasury yields > Fed rate decisions > Treasury borrowing and buyback plans The next few weeks could be extremely important for the entire crypto market.