The 10-year U.S. Treasury yield has climbed to 4.27 percent, a four-month high that raises borrowing costs across the global economy.
The bond market volatility gauge has slipped to its lowest since October 2021, supporting risk-taking in financial markets.
The bitcoin miner extended maturities, reduced coupon costs and strengthened its capital structure.
"Treasuries love that 4% to 4.1% trading range. Temporary break below more likely. But break above has more legs," the Dutch bank said.
Charts point to underlying bullish framework in the benchmark bond yield.
The bonds mark Hong Kong's third digital bond sale since 2023 and are part of its push to become a leading global hub for tokenized assets.
Traditional markets offer mixed signals as BTC holds key trendline support.
The U.S. jobs report revealed only 22,000 job additions in August, far below expectations, increasing the likelihood of a Fed rate cut. Still, BTC remains below $112K.
The MOVE index, an indicator of bond market volatility, has surged, signaling potential liquidity tightening.
Bitwise’s André Dragosch argues gold still protects against stock sell-offs while bitcoin hedges bond stress — raising questions about their roles in 2025 portfolios.
Moody’s notes that current blockchain use is mostly limited to on-chain bond issuance, with certain key functions still reliant on off-chain infrastructure
Five of the six convertible issuances from the serial bitcoin acquirer are trading deep in the money, creating billions in unrealized value.
Market concerns about fiscal policy and upcoming elections may be contributing to the rise in bond yields.
According to Walker, host of The Bitcoin Podcast, Bitcoin’s share of the world’s wealth is still tiny. It sits at about $2 trillion in market value. That’s just 0.2% of roughly $1 quadrillion held across all assets. For many investors, that number brings a sense of how early this market really is. Yet, it also raises questions about what comes next for this highly talked-about coin. Related Reading: Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears Global Wealth Distribution Real estate holds the biggest slice of that $1 quadrillion pie. At around $370 trillion, it represents 37% of total global wealth. Bonds follow close behind with $318 trillion. Those are seen as a safe choice for retirees and conservative funds. Stocks, meanwhile, sit at $135 trillion. Cash and bank deposits add another almost $130 trillion to the mix. These numbers show where most of the world’s money lives today. There is $1000 TRILLION of global wealth. Bitcoin is only $2T… Bitcoin is only 0.2% of global wealth, and there will only ever be 21M bitcoins. We are insanely early yet many still feel like they’ve missed the boat… If you’re reading this, buy bitcoin. Chart: @Croesus_BTC pic.twitter.com/gjju41MMGm — Walker⚡️ (@WalkerAmerica) June 11, 2025 Bitcoin’s Market Share Bitcoin’s $2 trillion value looks small next to these giants. It comes in below art, cars and collectibles, which together amount to $27 trillion. Gold, long a trusted store of value, sits at $22 trillion. So, while Bitcoin is rare by design, it still trails behind assets with centuries of history and deep pockets on the buying side. Scarcity Fuels Price Talk With only 21 million coins ever to be mined, Bitcoin’s supply cap is fixed. That has led to forecasts of big price jumps if demand keeps growing. Based on reports, some say Bitcoin could match gold’s $22 trillion market cap one day. That would push a single coin past $1.15 million. Other backers warn that missing out now could mean buying in later at much higher levels, driven by FOMO—fear of missing out. Related Reading: TRX Price Up As Tron Rolls Out The Red Carpet For Trump-Backed Stablecoin Institutions Eye The Market Michael Saylor, who heads one of the biggest Bitcoin treasury firms, thinks big players might wait until prices soar. He suggests that companies like JPMorgan could finally jump in when Bitcoin hits $1 million. He even floated the idea of $10 million per coin before it becomes common in mainstream portfolios. These views point to a potential wave of new cash rushing in if certain price thresholds are crossed. Featured image from Bitbo, chart from TradingView
The U.S. national debt exceeds $36 trillion, with analysts suggesting bitcoin and gold as hedges against potential fiscal crises.
The divergence in bond yields likely represents the perceived effects of Trump's trade war and could bode well for bitcoin.
Financial conditions, stablecoin flows and other key metrics point to stronger foundation compared to the December-January twin peaks.
Elevated Treasury yields are driven by factors that are bullish for bitcoin.
The U.S.-listed BTC ETFs appear on track for the second-highest monthly outflow on record.
Bitcoin may not fit the traditional mold of a safe haven, but in a world of rising sovereign risk and broken financial norms, it may be time to redefine what 'safe' actually means.
Increased volatility in the Treasury market often leads to reduced risk taking in financial markets.
Metaplanet raises 2 billion yen in zero-interest bonds to expand bitcoin holdings.
Ondo takes steps to accelerate the onboarding of traditional assets to the blockchain rails.
Co-founder and Chairman of MicroStrategy Michael Saylor, during a recent speech at the ICR Conference in Orlando, has once again shaken up the financial world by proclaiming that companies need to ditch old-fashioned bonds in favor of Bitcoin. He made the call labeling bonds as “toxic” during his speech while asking businesses to look into Bitcoin’s potential. Related Reading: Litecoin Price Falters Amid Doubts Over LTC ETF Approval Comparing Investment Returns Saylor bases his argument on a comparison of investment returns. Since MicroStrategy adopted its Bitcoin-buying strategy in 2020, Bitcoin has shown remarkable resilience and growth, while bonds have faltered. He presented data indicating that while many companies cling to outdated financial practices—such as purchasing Treasury bonds—those who embrace Bitcoin stand to benefit significantly. “Every company has a choice to make: cling to the past or embrace the future,” he stated, emphasizing the transformative potential of digital assets. Companies should buy Bitcoin because bonds are “toxic,” according to MicroStrategy Chairman Michael Saylor https://t.co/SOZdLagLCC — Bloomberg (@business) January 13, 2025 The Case For Bitcoin During his speech, Saylor mentioned that MicroStrategy’s own investments have been rewarding. The company recently closed an acquisition of Bitcoin worth $243 million. It is their 10th consecutive week in purchasing the cryptocurrency. Saylor was critical of the tech giants like Microsoft and Nvidia for not following suit. He said that they are missing a revolutionary opportunity. He used an image to drive the point home with a slide indicating that only 70 companies have Bitcoin today, so those who are slow might be left out. The landscape of finance is changing, and Saylor says that companies should evolve to remain in the loop. He even provocatively added, “What’s the downside? Well, you just get rich,” underlining his conviction that Bitcoin is a better investment vehicle. Future Implications Saylor’s statement is indicative of a broader change in how companies perceive digital assets, and it extends beyond corporate finance. He advised leaders to think about their obligations to their families and investors in addition to the future of their company as he wrapped off his remarks. “Adopt Bitcoin,” he exhorted, presenting it as a moral requirement for influential people. Related Reading: Bitcoin To $350,000? Top Crypto Influencer Makes Bold Prediction Saylor’s influence has now appeared to extend into the political sphere as well. Saylor received an invitation to Mar-a-Lago to talk more about Bitcoin following Donald Trump’s reelection. Trump has met with executives of the cryptocurrency industry in the past to discuss regulations that impact the sector. These exchanges show that the potential economic impact of cryptocurrencies is becoming more widely acknowledged. Michael Saylor’s passionate call for Bitcoin, rather than a traditional bond, isn’t just a matter of an investment strategy. It represents an ideological shift within finance. If companies adopt the digital currency that he advocates for, then everything about business could change in terms of operations and investment. Featured image from TheStreet, chart from TradingView
Bitcoin sweeps new 2025 lows as Treasury yields rise, and the strengthening US dollar Index forces crypto analysts to revise their short-term price expectations.
Vivek Ramaswamy’s Strive Asset Management is joining the ETF bandwagon by formally filing the Strive Bitcoin Bond ETF with the Securities and Exchange Commission (SEC). In a 475A filing submitted on December 26th, Strive aims to leverage the changing investment landscape favoring Bitcoin, digital assets, and the blockchain. Related Reading: Bitcoin Preparing For Its Next […]
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do.
Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs
A swathe of new research reports from major traditional financial institutions predicts outsized growth and adoption of real-world asset tokenization over the next few years.
Bitcoin price rallies as traders react to geopolitical and economic uncertainty, as the potential outcome of the upcoming US election.