Bitcoin (BTC) is entering what former BitMEX CEO Arthur Hayes calls “up only mode,” as a deepening crisis in the US bond market potentially drives investors away from traditional haven assets and toward alternative stores of value. Loss of confidence in US policy boosts Bitcoin’s upside prospects On April 11, the benchmark US 10-year Treasury yield surged above 4.59%—its highest level in two months. US 10-year Treasury note yields daily performance chart. Source: TradingView The $29 tril...
Bitcoin price preparing for 'up only mode' as US bonds suffer worst selloff since 2019
Coin Telegraph - 11 Apr 2025 21:45
Bitcoin (BTC) is entering what former BitMEX CEO Arthur Hayes calls “up only mode,” as a deepening crisis in the US bond market potentially drives investors away from traditional haven assets and toward alternative stores of value. Loss of confidence in US policy boosts Bitcoin’s upside prospects On April 11, the benchmark US 10-year Treasury yield surged above 4.59%—its highest level in two months. US 10-year Treasury note yields daily performance chart. Source: TradingView The $29 tril...
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