Unsustainable Bond Yields Will Result in Hyperbitcoinization: Analyst
Rising authorities bond yields sign a coming “structural” shift that can create a Bitcoin “supercycle” of rising costs, as buyers flee debasing belongings for one that can’t be inflated, in response to Shang Wu, a senior analysis analyst at crypto trade BitMEX. The yield on the 30-year US Treasury broke previous 5.14% on Tuesday, whereas…