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James Butterfill, head of research at CoinShares, stated that the recent slowdown in inflows of $11.1 billion into digital asset funds since mid July reflects uncertainty. The yield of the 10-year treasury bond bond and the 30-year treasury bond bond rose above 5.3% and 5.7%, both of which are at the highest level in more than 20 years. The probability of the Federal Reserve raising interest rates in October has dropped from 71% to 23%. James Butterkill believes that the importance of the bond market may surpass that of the Federal Reserve, and Bitcoin's breakthrough needs to be driven by fiscal logic.