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On-Chain Bitcoin

On-chain Bitcoin analysis — UTXO data, long-term holder behavior, exchange flows, miner activity, and what the blockchain's own data says about market conditions.

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Rising Treasury Yields Hit Bitcoin — But the On-Chain Picture Disagrees

US 10-year yields have surged 46 basis points since late February — a pace The Kobeissi Letter calls comparable to Liberation Day 2025. Yet on-chain data tells a contradictory story:

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A rising US Treasury yield chart glows amber on a dark trading screen beside a Bitcoin coin lit in cold blue light, illustrating the macro tension between surging bond yields and crypto markets in March 2026.

Crypto Newswire9 min read

Rising Treasury Yields Hit Bitcoin — But the On-Chain Picture Disagrees

US 10-year yields have surged 46 basis points since late February — a pace The Kobeissi Letter calls comparable to Liberation Day 2025. Yet on-chain data tells a contradictory story:

Berat Oshily

Mar 28, 2026