Analysis: Rising US Treasury yields may be good for Bitcoin

Planet Daily News: Despite the continuous rise in U.S. 10-year Treasury bond yields, which traditionally are thought to put pressure on risk assets like BTC, analysts point out that the current yield increase primarily stems from fiscal expansion and rising sovereign risk, which might actually benefit BTC. Under the fiscal policies promoted by the Trump administration, the market expects 10-year yields to rise to 6% in the next 12 to 18 months. Analysis suggests that persistently high yields reflect an increase in sovereign credit risk, potentially enhancing BTC's attractiveness as an alternative asset. (CoinDesk)