Unexpected Economic Heatwave Sparks Sell-Off The crypto market witnessed a sharp decline today, primarily driven by the unexpected strength of the U.S. economy, which has led to a reassessment of interest rate expectations. Bitcoin, which briefly touched $100,000, plummeted to around $93,800. This drop was catalyzed by an increase in U.S. bond yields, with the 10-year Treasury yield jumping to 4.70%, signaling a potential shift towards a more hawkish Federal Reserve policy. The market’s reaction to the recent high-yield auction of 10-yea…