📉 CoinDesk_s prognosis: As U.S. Treasury yields climb, Bitcoin and the S&P 500 index may see simultaneous declines to close out September. 📅
📊 The equity risk premium (ERP), which gauges stock appeal compared to 10-year U.S. Treasury bonds, is at its lowest point since 2009. 📈 💰 For Bitcoin, maintaining the current $26,100 price until month-end would result in a -14% price change for Q3. 😬 🗣️ Alex MacFarlane, co-founder of Keyring Network, a zero-knowledge-based oracle platform, highlights that unlike U.S. Treasury bonds, Bitcoin is a high-risk asset with no stable returns guaranteed. 🚀 With government bond yields on the rise, it faces challenges as investors rebalance their portfolios. 📈🪙 📊💹
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📉 CoinDesk_s prognosis: As U.S. Treasury yields climb, Bitcoin and the S&P 500 index may see simultaneous declines to close out September. 📅
📊 The equity risk premium (ERP), which gauges stock appeal compared to 10-year U.S. Treasury bonds, is at its lowest point since 2009. 📈
💰 For Bitcoin, maintaining the current $26,100 price until month-end would result in a -14% price change for Q3. 😬
🗣️ Alex MacFarlane, co-founder of Keyring Network, a zero-knowledge-based oracle platform, highlights that unlike U.S. Treasury bonds, Bitcoin is a high-risk asset with no stable returns guaranteed. 🚀 With government bond yields on the rise, it faces challenges as investors rebalance their portfolios. 📈🪙 📊💹