Bitcoin has experienced a decline, falling below its 200-day simple moving average (SMA), a critical technical indicator often used by traders to assess market trends. This decline coincides with a notable shift in the bond market, as the yield on the 10-year Treasury note has reached its lowest point since April of this year. This confluence of events may indicate a shift in investor sentiment and could have implications for both cryptocurrency and traditional financial markets.
source: https://www.coindesk.com/markets/2025/10/17/bitcoin-slips-below-200-day-sma-as-10-year-treasury-yield-hits-lowest-since-april