Quick Take The U.S. dollar, reigning as the global reserve currency, has been the standard benchmark for valuing all assets. However, an intriguing shift occurs when we start benchmarking financial assets against Bitcoin instead of the traditional USD. Take the U.S. long bond (TLT) as an example, which is currently trading at approximately $84. It […]
The post Bitcoin’s ratio to the U.S. long bond is nearing all-time highs appeared first on CryptoSlate.
Go here to Read this Fast! Bitcoin’s ratio to the U.S. long bond is nearing all-time highs
Originally appeared here:
Bitcoin’s ratio to the U.S. long bond is nearing all-time highs