Santiment reports that Bitcoin wallets holding 100 to 1,000 BTC have accumulated significant holdings, signaling smart money interest. However, rising 10-year Treasury yields and macroeconomic pressures have recently dragged Bitcoin below key price levels.

The cryptocurrency market trades near $2.84 trillion following a modest recovery driven by short liquidations, while rising US bond yields and slowing ETF inflows create ongoing headwinds for digital assets.