Bloomberg analyst warns 5% U.S. 10-year yield may reduce Bitcoin appeal
Bloomberg senior analyst Mike McGlone stated that Bitcoin's investment appeal could diminish if the U.S. 10-year Treasury yield rises to approximately 5% while stock market valuations remain high. McGlone noted a significant shift in the rate and Bitcoin price dynamics since 2021. In 2021, the U.S. 10-year yield was around 0.5% and Bitcoin was below 10000 dollars; currently, both the yield and Bitcoin's price are about ten times higher, indicating potential changes in investment flows. He highlighted that the year-end ratio of U.S. stock market capitalization to public debt has decreased to about 1.2 times in 2018 and 2022, coinciding with a 70% drop in Bitcoin's value. The current ratio is approximately 2.1 times. McGlone suggested that a gradual decline in stock prices could simultaneously pressure both Bitcoin and interest rates. Conversely, if stock prices and Treasury yields remain elevated, Bitcoin may lose its appeal as a speculative asset, competing with numerous other cryptocurrencies without offering cash flow or interest income.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Benson Sun Predicts Bitcoin Will Experience a Slow Bull Trend

Michael Saylor Suggests Banks Custody BTC and Provide Loans

Shielded Bitcoin: the proposal that aims to bring privacy without changing BTC's code

Galaxy Research: CFTC's 'Mention Markets' Guidance Highlights Structural Manipulation Risks in Individual Speech Predictions

CZ Welcomes More DEX Participation in Competition

What is CBDC? Governments Push for Development of Central Bank Digital Currencies

Fidelity Executive Claims Bitcoin May Have Started a New Bull Market, Target Price of $300,000 by 2029

OG.com Submits Application for US Stock Perpetual Contracts to CFTC Following Coinbase, Kalshi, and Kraken's Parent Company Payward

Trump Rejects Iran Ceasefire, Expects Bombing After Midterms: Will Oil and Bitcoin Hold?

81% of Bitcoin Remains Inactive for 6 Months, Price Rises Due to Supply Decrease

CryptoQuant: Bitcoin's Unrealized Profit and Profit-Taking Scale Rise, Market Faces Correction Risk

Bitcoin Has Not Fallen Below Realized Price During the Bear Market

Strive Launches Bitcoin Vault Preferred Stock Income ETF

Bull Signal for Bitcoin: In 4 out of 5 Past Instances, Prices Increased

ๅๅๆ็ซน Calls for Resumption of DOG Spot Trading

Google Trends: Bitcoin Gains Ground Against AI

ๅๅๆ็ซน: Quantum Computing Becomes a Core Risk Point in the Cryptocurrency Field

Arthur Hayes: AI Debt Could Cause Bitcoin to Drop and Then Rebound

Swiss bank shields Bitget institutions while retail funds freeze

4500 Bitcoins Moved to New Addresses, Sale Status Unconfirmed

Sequence Sells 314 Bitcoins and Settles Corporate Debt

Sam Price Predicts Gold Prices Will Rise, Focuses on Cryptocurrency Market Trends

CleanSpark Closes $2.276 Billion Debt with 7.875% Senior Secured Notes

Bitcoin ETFs: 2026 Flows Finally Return to Positive

BlackRock explains why AI agents prefer Bitcoin over fiat currency, and a Brazilian shows that the answer is 134 years old

Polygon payment channels hit 11 million updates per second across 25 hubs

WisdomTree Financial Advisor: Self-Custody of Bitcoin Is Not Cost-Free, Hidden Operational Risks Cannot Be Ignored

Strategy Proposes Daily Dividends for Preferred Shares

Mitchell Askew Discusses 15 Million Inactive BTC Impact on Bitcoin Price





