Bitcoin retreats as US Treasury yields top 5% and oil prices surge

Bitcoin failed to sustain a rally above $78,000, sliding back toward $77,000 as US 10-year Treasury yields exceeded 5% and Brent crude oil prices surpassed $107. The market is entering a defensive posture ahead of the Federal Reserve's interest rate decision, with investors weighing the impact of tighter financial conditions and persistent inflation risks on high-volatility assets.