The Bitcoin price is near $83,733, but plenty of investors have their eyes on a different market: U.S. Treasury bonds. Scott Melker noted that the 10-year Treasury yield has climbed to 5.196%, the highest since 2007. The 30-year yield hit 5.4816%, a level not seen since 2004. Those numbers matter because they raise the bar for everything else. If you can earn over 5% from U.S. government debt, riskier assets like stocks and crypto have to offer a much better reason to hold them.