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BITCOIN IS FALLING — BUT THE REAL STORY MAY BE IN THE BOND MARKET $BTC has pulled back from a recent high near $79.5K to around $76.8K. Looking at the chart, many would assume it’s simply profit-taking after a strong rally. But there may be another force at work: when U.S. Treasury yields rise, capital often rotates out of risk assets and toward safer returns. Hidden signal: BTC may not be weakening because of crypto itself — but because macro liquidity is tightening.