The U.S. 30-year Treasury yield surged to a high not seen since November 2023, reaching 5.02% on May 19, 2023. This unexpected rise has sent ripples across the financial markets and raised questions about how it will impact cryptocurrencies like Bitcoin and Ethereum. Analysts attribute this increase to potential shifts in investor sentiment away from riskier assets. 5.02% Treasury yields represent a significant economic shift, potentially impacting traditional markets as well. Economists predict continued upward movement of U.S. Treasury bonds, which could signal further volatility in the crypto market and a potential pullback for some investors. Peter Schiff, prominent economist, has warned of a possible market crash if monetary authorities don’t take swift action to alleviate the rising rates. Meanwhile, Mansoor Mohi-uddin, Chief Economist at Bank of Singapore, believes the prolonged higher rates due to the US fiscal situation will likely impact the crypto space for an extended period. The rise in U.S. Treasury yields isn’t just about interest rate hikes; it’s a clear indicator that investors are seeking more secure haven assets. This is driving capital out of volatile cryptocurrencies and back into traditional investments like U.S. Treasuries. The Coincu research team highlights this trend, emphasizing the potential for tighter fiscal policies to impact the cryptocurrency market globally. Economists also suggest that sustained high yields could lead to a shift in investor behavior, where some seek safer assets like U.S. Treasury bonds instead of speculative cryptocurrencies.