Crypto News Today: Bitcoin Flat at $64,000 as Global Bond Yields Hit Multi-Decade Highs Simultaneously — Fed Minutes Due, Gold at +8% This Month While BTC Stays Range-Bound - Binance
Crypto News Today: Bitcoin Flat at $64,000 as Global Bond Yields Hit Multi-Decade Highs Simultaneously — Fed Minutes Due, Gold at +8% This Month While BTC Stays Range-Bound - Binance
Source: Binance
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DW NOTE
Gold is up 13% in a month while Bitcoin trades sideways at $64,000. That tells you which asset investors trust when the Strait of Hormuz has been closed for 174 days and Treasury yields are climbing toward multi-decade highs. Bitcoin sold itself as uncorrelated digital gold; it's behaving like a tech stock with no earnings.