Bitcoin price expected to soar as global bond markets break — Here’s why

Key takeaways:Rising bond yields reflect growing concern about fiscal stability and inflation, leading some investors to question US Treasury’s traditional role as a safe-haven asset. Bitcoin defies conventional risk models, rising not because of worsening macro conditions, but possibly because of them. Bitcoin (BTC) climbed to new heights amid an increasingly fragile global macroeconomic backdrop. Bond yields are surging in the US and Japan, global growth is stalling, and consumer confidence in the US is scraping historic lows source: https://cointelegraph.com/news/bitcoin-price-expected-to-soar-as-bond-markets-break-here-s-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound