SEC Delays Reg Crypto, Thirty-Year Yields Hit 5.2%, Bitcoin Slides Below $63K

Bitcoin dropped below sixty-three thousand dollars as thirty-year Treasury yields climbed to five point two percent, the highest since 2001, while the SEC abruptly postponed its highly anticipated Regulation Crypto meeting without setting a new date. Spot Bitcoin ETFs saw back-to-back outflows totaling three hundred thirty-three million dollars this week, reversing last week's inflows. Tether delivered its first full KPMG audit showing six point eight billion in excess reserves, while prediction markets face regulatory pushback as Baltimore sues Kalshi and Polymarket, and JPMorgan cuts ties with Polymarket over compliance concerns. Figure Technology Solutions reported two hundred twenty-six million in quarterly revenue as its blockchain loan marketplace volumes surged one hundred thirty-two percent, while Swissquote cut full-year guidance after crypto income plunged sixty-six percent. Rising capital costs and regulatory uncertainty continue pressuring digital assets as the opportunity cost of holding non-yielding Bitcoin intensifies.