$BTC - Adam Back positions Bitcoin as the hurdle rate after Anthropic's junk bond downgrade.
Anthropic's elevated borrowing costs underscore stress in corporate credit markets.
The traditional 60/40 portfolio faces fresh scrutiny as risk-free benchmarks shift.
No evidence yet that institutions are rotating toward Bitcoin as a direct result.
#Bitcoin #BTC
Anthropic's elevated borrowing costs underscore stress in corporate credit markets.
The traditional 60/40 portfolio faces fresh scrutiny as risk-free benchmarks shift.
No evidence yet that institutions are rotating toward Bitcoin as a direct result.
#Bitcoin #BTC