The rise in US bond yields and the escalation of the US Iran situation have led to a divergence in the flow of funds in the cryptocurrency market

Analysts at Bitunix pointed out that the yield of the 30-year treasury bond bond of the United States rose to 5.31%, adding geopolitical risks and financial pressures of the United States and Iran, and the risk of market volatility increased. Cryptocurrency ETFs have had a net outflow of $90.55 million in the past week, a net inflow of $977 million in the past month, and a net outflow of $5.406 billion in the past quarter. Overvalued assets are facing pressure from rising long-term interest rates and risk premiums.