Bitcoin ripped higher, blasting through $81K right at the start of Friday’s Wall Street session. The move came on the back of a fresh surge in 30-year US Treasury yields, while global oil market worries kept traders on edge.

BTC Price Rockets at the Opening Bell

The rally hit fast as the US markets opened. Macro headlines shifted, traders jumped on the yield spike, and buyers wasted no time pushing BTC to the $81K mark.

Long-Dated Treasuries See Yields Climb Again

30-year US Treasury yields started climbing again, and talk of trouble in the global oil market only added to the nerves. Against this backdrop, the crypto market saw a rush of interest in BTC.

What This Means for Market Sentiment

The yield-risk assets-commodities connection is back in the spotlight. Market players are tracking the long end of the Treasury curve and oil headlines, matching them up with Bitcoin’s sharp moves around $81K.