US 10-Year Treasury Yield Approaches 5.25% to 5.85%, Bitcoin Emerges as a Variable

As the US 10-year Treasury yield approaches the range of 5.25% to 5.85%, there are growing pressures for market intervention from policymakers, and Bitcoin (BTC) is emerging as a macroeconomic variable. Analysts suggest that the US fiscal deficit and the burden of long-term interest rates could lead to a weaker dollar. Matt Cole, CEO of Strive, views this range as a policy threshold reflecting the trajectory of US debt and fiscal burdens. He stated that the US fiscal deficit is nearing about 6% of GDP, and in a situation where the political sphere finds it difficult to adjust spending structures, the pressure for rising long-term interest rates will persist. Cole noted that the Federal Reserve holds approximately $1.6 trillion in 10-year-plus Treasury bonds, which accounts for about 28% of the bonds maturing in that timeframe. He warned that rising long-term interest rates could exert pressure on overall financial conditions. Additionally, he mentioned that Bitcoin could gain attention as a scarce asset if the purchasing power of the dollar weakens, suggesting that a different macroeconomic environment may emerge compared to the past. Cole did not mention any price targets for Bitcoin or new purchase announcements.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.