Bitcoin touches all-time high and Treasury yields cross 5% again

• On Wednesday markets rose then dropped all at once. Bitcoin went from a record price to closing briefly negative, then back to positive. Equities had a promising few hours at the start of the trading session only to plummet in the afternoon. Throughout the day bond yields soared, as the focus for investors turned to the spending bill currently being debated in Congress. 

On Wednesday Bitcoin continued its weeks-long surge all the way to an all-time high, while equities moved in the opposite direction.