From Cointelegraph

April 14, 2025 12:56:00 PM:

The 2-year and 10-year US Treasury yields dropped after Bitcoin (BTC) closed its best week since January. The 10-year yield fell by 8.2 basis points to 4.40%, and the 2-year yield slipped 8 basis points to 3.88%. This followed tariff exemptions on tech products, with Trump noting they were temporary.

Bitcoin had a bullish week, surging from $74,500 to $86,100 after forming new yearly lows. Lower US treasury yields could benefit Bitcoin, but uncertainty over tariffs and trade wars with China add to price volatility. Bitcoin’s role as an inflation hedge is debated, but recent data showed a cooling trend in US inflation.

Bitcoin faces resistance at $88K to $90K, but remains bullish above $82,500. Analysts suggest a potential bullish reversal as the Perpetual-Spot Gap on Binance narrows, indicating fading bearish sentiment. Historical trends show a positive gap could lead to a rally, although caution is advised based on past market behavior.

Read more at Cointelegraph: Bitcoin traders target $90K as apparent tariff exemptions ease US Treasury yields