#Binance Research:
How Bond Market Turmoil is Shaping Crypto Trends in 2025
Bond Chaos Meets Bitcoin: Macro Risks Redraw Crypto Correlations
A new report from Binance Research reveals that surging bond market volatility—driven by inflation, trade policy, and debt pressure—is reshaping the performance of cryptocurrencies, especially Bitcoin. As crypto matures into a recognized asset class, its correlation with traditional financial markets—once weak—is now increasingly reactive to yields, spreads, and systemic risk.
“We’re witnessing a new macro phase where Bitcoin no longer exists in isolation — it breathes the same air as bonds and equities,” says the report.
Key Findings: 4 Transmission Channels from Bonds to Crypto
Risk Appetite & Liquidity:
Rising bond yields = lower liquidity = crypto risk-off.
