Bitcoin Resists Bond Yield Surge Over Long-Term

A new analysis by CoinDesk has found that long-term Bitcoin performance is not correlated to rising bond yields. According to the data, despite a significant increase in bond yields over the past year, BTC has maintained its price trend.

The study analyzed the historical relationship between Bitcoin's price and US Treasury bond yields from 2011 to 2022. The results showed that there is no clear correlation between the two variables over the long term.

However, it's worth noting that this analysis only looked at the past performance of BTC and did not make any predictions about future market movements. CoinDesk's journalists abide by a strict set of editorial policies to ensure the integrity and independence of their publications.