The post Why a 23-Year High in Bond Yields Isn’t Scaring Bitcoin This Time appeared first on Coinpedia Fintech News
Bitcoin slipped toward $83,800 this week. However, an analyst says there is no need to worry yet. The move comes as US bond yields surged to levels not seen in decades, a move that has rattled traders across financial markets. The 30-year Treasury yield climbed to 5.4%, its highest level in 23 years, while the …