Bitcoin Must Hit $154K to Match Bond Yields
Bitcoin's price must reach $154,000 to match the yield of 30-year Treasury Inflation-Protected Securities (TIPS), according to Charles Schwab analysis. This benchmark highlights the challenge for Bitcoin as an inflation hedge amid rising real yields in traditional bonds.
The model used by Schwab includes a $5 billion market impact tied to recent US Senate legislation, underscoring how regulatory clarity could influence institutional crypto adoption.
However, uncertainty remains as the specific bill and future TIPS yields could change, affecting Bitcoin's price target. This means that Bitcoin's price may not necessarily reach $154,000 if there are changes in these factors.