Gold Outshines Bitcoin as High Bond Yields Pressure BTC - tokenpost.com
Gold Outshines Bitcoin as High Bond Yields Pressure BTC - tokenpost.com
Source: tokenpost.com
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DW NOTE
Gold at $4,477 is down 15.8% from its January peak. Bitcoin has fallen further — the headline calls that "outshining" when the real story is that both have sold off hard while the Fed holds rates through an energy shock and 3.5% inflation. High bond yields don't "pressure" BTC; they reveal that it still trades like a speculative tech equity, not the inflation hedge its evangelists promised.