CryptoCoinDeskabout 3 hours ago
Bitcoin faces 17-year high bond yield test
1 min read
The 30-year Treasury Inflation-Protected Security (TIPS) now offers a yield close to 3%, the highest in 17 years. This raises the opportunity cost of holding non-yielding assets like bitcoin. BitMEX, the exchange that invented perpetual futures, is shutting down operations on September 23, signaling consolidation in crypto derivatives.
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