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Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’

Published 02/23/2022, 05:05 PM
Updated 02/23/2022, 06:40 PM
© Reuters.

There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of dollars that have been printed into existence since the start of the COVID pandemic have driven new all-time highs, but analysts are now increasingly sounding the alarm over warning signs coming from the debt market.

Despite holding interest rates at record low levels, the cracks in the system have become more prominent as yields for U.S. Treasury Bonds “have been rising dramatically” according to markets analyst Dylan LeClair, who posted the following chart showing the rise.

U.S. Treasury bond yields across duration. Source: Twitter (NYSE:TWTR)
Treasure and mortgage bonds overvaluation. Source: Pantera Capital
BTC/USDT 1-day chart. Source: TradingView
Bitcoin price trend vs. 4-year returns.

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