Bitcoin withstands $90 oil and rising yields while gold slides. A firm dollar is the catch
BTC trades choppy as $90 oil and rising bond yields weigh on stocks and gold.
Source: CoinDesk
―
DW NOTE
Bitcoin's resilience to $90 oil and rising yields reflects capital flight rather than strength — investors are fleeing jurisdictions where real rates remain deeply negative after years of money-printing, not embracing a new safe haven. The catch isn't a firm dollar; it's that the dollar is firm only relative to currencies being printed faster. Gold's slide from $5,318 in January to $4,423 today shows even traditional hedges buckle when liquidity tightens and margin calls hit levered positions across every asset class.