Bitcoin has shown notable upward momentum recently, with multiple reports indicating a rally in its price. Observers noted that Bitcoin is 'about to explode' and is currently 'pumping' as it experiences significant bounce-back. The cryptocurrency's rally coincides with the U.S. 10-year Treasury yield reaching 4.50%, suggesting a possible correlation between Bitcoin's performance and broader economic indicators. Analysts and enthusiasts alike are expressing optimism about Bitcoin's potential for further gains in the near term.