The increasing yields on U.S. Treasury bonds, coupled with a growing trend among countries and financial institutions to reduce their reliance on the U.S. dollar, are subtly yet significantly transforming the future perspective of Bitcoin and its role in the global financial landscape. As investors seek alternative assets in response to these changing economic dynamics, Bitcoin's potential as a hedge against inflation and currency volatility is becoming more pronounced, eliciting new interest and strategies among market participants.
source: https://blocknews.com/rising-treasury-yields-and-global-de-dollarization-are-quietly-reshaping-bitcoins-outlook/