Ouch. The U.S. 30-year Treasury yield just hit 5% and bitcoin may pay the price
Rising Treasury yields could suck out capital from bitcoin and other risk assets, analysts said.Several factors, including the hawkish dissent within the Federal Reserve are pushing bond yields higher.
- Rising Treasury yields could suck out capital from bitcoin and other risk assets, analysts said.
- Several factors, including the hawkish dissent within the Federal Reserve are pushing bond yields higher.