CoinEx News: The US 30-year Treasury yield reached 5.2% on May 19, an 18-year high, while the 10-year climbed to 4.7%, repricing risk-asset discount rates. Bitcoin slid below $77,000 the same session, US spot Bitcoin ETFs posted $331 million in net outflows extending their losing streak to three days, and Deribit's 30-day BTC implied volatility held in the low 40s, near 2026 lows.

With rates climbing, ETF outflows in their third session, and options not pricing in big near-term moves, the pullback looks like steady macro repricing rather than panic — pressure is more about higher discount rates than a sentiment flush.