Standard Chartered: US treasury bond bond yield is still lower than 4.50%, and Bitcoin is expected to break a new high in February

Odaily Planet Daily News Geoff Kendrick of Standard Chartered Bank and Matt Mena of 21Shares believe that, given that the yield of the 10-year US treasury bond bond is still lower than 4.50%, the current market situation is favorable to the special currency. Kendrick stated that if the yield remains at these levels throughout the weekend, Bitcoin may break through $102500 and potentially reach a historic high of over $108000 in February. Kendrick said: "Although the details of the US employment data released today are very clear, so far, the yield of the 10-year US treasury bond bond cannot exceed 4.50%, which is very constructive for digital assets. The yield is not higher, but the economic situation is still good, which is the golden development period of digital assets." (THE BLOCK)