CoinDesk: Bitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say
Our Head of OTC Trading, Richard Usher, spoke to Omkar Godbole at CoinDesk
“Real yields are an issue with a return in a one-year bond yielding 6%; it is now a genuine alternative to stock market exposure. The question to ask is which type of investor does this return appeal to.”
“The typical investor in Crypto or Tech stocks is looking for a higher potential return or is investing for the longer term in the sector or asset class growth. Hence I suspect the rise in real yields is more a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story.”
Read the full article here.