Analysts report that a weaker U.S. dollar and rising long-term bond yields may fuel a resurgence in Bitcoin prices. The dollar index has declined by 11% this year, the steepest drop since 1973, indicating that U.S. institutions are seeking hedges against inflation through assets like gold and Bitcoin. Gold has recently hit an all-time high of $3,578, suggesting liquidity might flow into fixed supply assets like Bitcoin and Ethereum. Additionally, rising 30-year bond yields, driven by inflation concerns, have steepened the yield curve, leading investors to demand higher returns for long-term lending. Despite macroeconomic uncertainties, Bitcoin has shown signs of a slight bullish trend, bouncing 3% in recent days and trading around $110,000. With Bitcoin's year-to-date return at approximately 96% and increasing inflation expectations, experts suggest that the conditions could be right for a potential crypto supercycle.

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