Bitcoin trades sideways as global bonds plunge, with JGB hitting a 30-year high
- Global bond yields hit multi-decade peaks, with Japan’s 10-year JGB yield reaching the highest level in 30 years.
- Despite major swings in the bond market, Bitcoin price remains steady at around $78,000.
- Bitcoin’s resilience to global macro volatility suggests that buying demand and a store-of-value characteristic are present.
#BinanceSquare #CryptoNews #BTC #Macro #JGB
$btc
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Source: CoinTelegraph
- Global bond yields hit multi-decade peaks, with Japan’s 10-year JGB yield reaching the highest level in 30 years.
- Despite major swings in the bond market, Bitcoin price remains steady at around $78,000.
- Bitcoin’s resilience to global macro volatility suggests that buying demand and a store-of-value characteristic are present.
#BinanceSquare #CryptoNews #BTC #Macro #JGB
$btc
vlikevn Titanbot
Source: CoinTelegraph