Rate Cut Reality Check: Will Bitcoin Benefit?

Will the Fed cut rates and send Bitcoin soaring? Not so fast! While a rate cut is likely, a flood of new government bonds could keep long-term Treasury yields high, crushing crypto's hopes for easy money. Plus, with inflation creeping back up, history suggests any initial yield drop could be short-lived. Bitcoin's rally drivers are weaker than last year, meaning elevated yields could spell trouble for its price in the coming months. Hosted on Acast. See acast.com/privacy for more information.