30-Year Mortgage Rate Hits 7.45%. What Does It Mean for Crypto?

Crypto Insight Summary: The average 30-year fixed US mortgage rate jumped 19 basis points to 7.45% on Thursday. Mortgage News Daily recorded the move in its daily survey of brokers and lenders. The jump tracks a broader selloff in US government bonds. For crypto markets, the Treasury yield at the center of that selloff carries the clearer signal. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Rising mortgage rates signal tighter liquidity, causing risk-off sentiment in crypto markets.