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The three major U.S. stock indices hit new highs, but inflation and rising long-term Treasury yields are putting pressure on the market. The 10-year Treasury yield climbed to 4.5%, while the 30-year yield briefly broke 5%. Fed Governor Milan resigned and warned about excessively high interest rates. Asian markets saw volatility, with South Korea's KOSPI surging before pulling back, and Japanese bond yields hitting record highs. Silver futures plunged over 6%. NVIDIA soared 4.39%, pushing its market cap past 5.71 trillion yuan, and received approval to sell up to 75,000 H200 chips to 10 Chinese companies. Cisco's AI-driven transformation led to 4,000 layoffs, boosting its stock price by 13.4%. Cerebras skyrocketed 68.2% on its IPO debut, while Broadcom and TSMC followed with gains. Driven by the CLARITY Act progress and the U.S. stock market rally, $BTC briefly touched $82,000 before pulling back to around $80,500.