According to CoinMeta, Bloomberg commodities strategist Mike McGlone stated that gold, Bitcoin, and the yield of 10-year U.S. Treasury bonds are facing key resistance levels of $4,500 per ounce, $80,000, and 5%, respectively. Gold and crypto assets peaked after breaking through $5,000 and $100,000, and have recently rebounded from important support levels around $4,000 for gold and $60,000 for Bitcoin. However, these currently unprofitable, speculative, and highly volatile assets are facing pressure as the yield of 10-year U.S. Treasury bonds rises to 5%.