Iran-UAE escalation pushes Bitcoin’s bond-market test into the 4.5% danger zone

Iran‑UAE escalation pushed Bitcoin’s bond‑market test into the 4.5% danger zone. Iran’s attacks raised Brent to $114.44 and WTI to $106.42. The 10‑year Treasury climbed to ~4.44%, 30‑year above 5%. Bitcoin hit $80,717.66 on May 4, testing its hedge status as yields rise and cash attracts investors. Mortgage rates tightened, with Freddie Mac’s 30‑year fixed at 6.30% on April 30, up from 6.23% a week earlier.