Bitcoin touches all-time high and Treasury yields cross 5% again

• On Wednesday, markets rose and then decreased simultaneously. Bitcoin moved from a record price to a short closing for a short period, then returned to positive. The stocks had a few promising hours at the beginning of the trading session only to collapse in the afternoon. Throughout the day, bond returns have increased, as the focus of investors has turned into a draft spending law currently being discussed in congress.

On Wednesday, Bitcoin continued to rise for a week to the highest level ever, while the shares moved in the opposite direction.

NASDAQ and S&P 500 looked on the right track to make slight gains until their price charts turned early in the afternoon. The bond markets have seen revenue on treasury bonds for 10 years and 30 years, high standards. The return on the 30 -year -old treasury bonds moved from 5.08 % a day, after reaching these levels for the first time on Monday. The treasury note was circulated for 10 years by 4.59 %.

With the disappointment of bonds and stocks, Bitcoin presented a bright point on its way to a new record. Bitcoin price was 109,693 dollars. Later in the day, its price decreased to a decrease of up to 106400 dollars, and it turned shortly to negativity, before recovering at the end. The record performance is a major shift to Bitcoin after concluding it in the April market on the market.

“The new Bitcoin is absolutely a clear signal so far that the Crypto Bull market has an additional field of operation,” said Thomas Perviumo, a global economist at Crypto Excination Krakeen.

Bitcoin sank with the rest of the markets in the wake of President Donald Trump’s announcement on April 2. However, he recovered as soon as Trump announced that he stopped stopping the tariff tariff a week ago on April 9. Since its lowest level on April 9, of $ 74,589, Bitcoin has increased by 43 %.

Bitcoin was due to the broader recovery of the stock market, as investors returned the money to the investment funds circulating in Bitcoin after withdrawing it during the market shock last month, and the list of the increasing public companies it kept, according to Perfumo.

He said: “Unless this Trivica of Tailwinds stumbles, it is possible that the buyers will be determined from the tone and that printing today’s record is evidence of this.”

With the rest of the markets exposed to politics in particular, Bitcoin gradually became a safe haven, not a risk to investors. A lot of Rotco Bull Run is due to the fact that it is no longer seen as a speculative asset, but as a risk of risk from FIAT currencies, according to Robert Robert Spirits, CEO of Crypto Exchang OKX.

“Modern disturbances in the market, high financial concerns such as MOODY, and the broader geopolitical uncertainty in geogos, pushes the founders and companies to offer bitcoin similar to gold: as a non -sovereign store, rarely of the value that can provide protection on its negative side in the uninterrupted total environments.” luck.

The shares fell, the bonds rose on Wednesday

Meanwhile, stocks had a dull day. Dow Jones decreased over 800 points and a 1.6 % S&P decreased. The heavy technological nasdaq seemed to provide a bright point on the day when 45 basis points rose. But this hope faded when it decreased in the middle of the afternoon, with the closure of the day by 1.4 %.

On Wednesday’s declines continued a landing path that started a day ago. The two sites came down after the stock market witnessed a healthy return against the backdrop of trade tensions between the United States and China.

But the merchants spent on Wednesday with their eyes fixed in the bond market. It seems that the emerging yield indicates a remaining amount of doubt from the market towards the United States

It seems that the last MOOOY reduction of the US credit classification of AAA to AA1 is still burdened with the minds of the investor. When MOODY reduced credit rating in the United States, he was martyred with an expanded deficit and there are no clear signs that politicians in Washington, DC, would close it. Currently, the Congress Bill in Congress risk proving MOODYS analysts. The Congress Budget Office estimated that the bill would increase the deficit of $ 3.8 trillion.

The debt of the bill to the GDP of 6.5 % to 7 % will only do little to reassure the investors who were already volatile over the United States, according to the analyst of Deutsche Bank analyst.

“In the absence of a clearer commitment to placing the deficit on a declining path, the investor is likely to continue concerned about financial dynamics in the United States,” said economists in DP.

This story was originally shown on Fortune.com

2025-05-21 20:04:00