Bitcoin Price Driven by US Dollar Index, Not Bond Yields or Fed Rate Hikes

According to experts at VanEck, Bitcoin's price movement has little correlation with bond yields and Fed rate hikes. The U.S. Dollar Index is reportedly the only metric that truly drives the cryptocurrency's value.

In a surprising revelation, it was noted that while traders are panicking over interest rates, Bitcoin's realized volatility has decreased by 50% over the last four years.

This shift towards stability suggests that Bitcoin is transforming from a speculative asset to an institutional investment opportunity.