Bitcoin Breaks Record High as Treasury Yields Surge

Bitcoin reached a historic peak of $109,754 in May 2025, driven by rising Treasury yields. Despite a 3% pullback, the record-breaking high signifies further growth potential, according to experts like Thomas Perfumo from Kraken. Rising Treasury yields have impacted mortgage and auto loan rates, causing uncertainty within broader financial markets. Bitcoin’s price movement echoes past patterns where market volatility spiked in response to rising yields, prompting a renewed interest from investors as per The Kobeissi Letter.