According to CoinMeta, Bitcoin has recently seen a price increase of over 6%, approaching $69,000, due to declining yields on U.S. Treasury bonds and the weakening of the dollar. Traders made arrangements before the release of the Federal Reserve's meeting minutes on Wednesday. Bitcoin reached a high of around $68,776 during trading on Wednesday, opening near $64,100. This rise broke through the resistance level between $65,000 and $66,000, returning to the upper end of the recent range. Market analysts believe that this rebound is driven by both macroeconomic factors and specific factors in the crypto market. The pressure on the U.S. bond market has eased, long-term Treasury bond yields have decreased, and the dollar has weakened, creating a favorable environment for Bitcoin and other risk assets. The Dow Jones Dollar Index fell by about 0.3% to 99.36; lower yields reduce the relative attractiveness of interest-bearing assets, and a weaker dollar typically supports alternative assets such as Bitcoin. The market is awaiting the release of the Federal Reserve's meeting minutes from July 28th to 29th, which are expected to be published at 2 p.m. on Wednesday. At that meeting, the Fed maintained its interest rates between 3.50% and 3.75%, although some policymakers favored tightening policies. Traders will be watching the degree of disagreement among officials regarding inflation risks and whether support for further rate hikes has weakened.