
Bitcoin hits $112,600 but this analyst reveals why bond yields could trigger massive rally
Key Points
- Bitcoin's price surge at $112,600 is influenced by nervousne...
Bitcoin is sitting pretty at $112,600, but the real story isn't the flashy price tag – it's what's happening in the boring bond market that nobody talks about at dinner parties.
When Boring Bonds Become Bitcoin's Best Friend
Here's something that would make your economics professor proud: Bitcoin actually loves it when bond markets start sweating. Alphractal's Joao Wedson points out that when the 10-year Treasury yield hits 4.3% and U.S. debt soars past $37 trillion (yes, that's trillion with a T), Bitcoin tends to throw its own little celebration. Think of it like this – when traditiona...
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