Loading...
The yield of the 30-year treasury bond bond of the United States rose to the highest level since 2002. The net assets of the richest 1% of households in the United States totaled $60.3 trillion, 14.3 times that of the bottom 50% of households. Since 2020, the purchasing power of the U.S. dollar has declined by 23%. The rise in 30-year US Treasury yields puts pressure on the discount rate of Bitcoin, while the continued inflation and decline in the purchasing power of the US dollar reinforce the logic of Bitcoin as an inflation hedge tool. The market is facing two conflicting signals.