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Crypto

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

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

Summary

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

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →