US debt rates have reached unprecedented levels for more than 20 years, despite the Treasury's efforts to contain them. For CoinShares, these tensions could weigh on Bitcoin, but also increase its attractiveness if investors lose confidence in US public finances. Bitcoin article: why bond rates could count more than the Fed? appeared first on Cryptoast.
CoinShares argues that concern about US public finances could change the way investors evaluate Bitcoin, although the slowdown in flows to crypto funds still does not confirm that thesis.