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Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests

CoinDesk
Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests

The thesis is that high yields on long-term U.S. Treasuries make non-yielding assets like bitcoin less attractive.

Key Takeaways

  1. The thesis is that high yields on long-term U.S.
  2. Treasuries make non-yielding assets like bitcoin less attractive.
  3. Read the full article for additional context and details.
Read Full Article on CoinDesk

Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.

Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests | IndiCrypto