Bitcoin (BTC) Price Predictions: Collapse of Global Bond Markets – Is Reaching a Price of $150,000 Inevitable? The price of Bitcoin is currently around $111,000 after gaining support near the $109,500 level, and government bond markets are under pressure as indicated by fundamental data, with yields rising in the United States, Europe, Japan, and the United Kingdom, where 30-year U.S. Treasury bonds offer yields of 5%, while French bonds have surpassed 4% for the first time since 2011.
UK bond yields have reached their highest levels in 27 years, and the 30-year yield in Japan has reached unprecedented levels, raising concerns about the "collapse of G7 bond markets" according to The Kobeissi Letter. This notable increase in yields reflects a mix of inflation fears, high debt levels, and supply pressures, and the repercussions of this change may be evident on Bitcoin, which has historically played the role of a risk asset or a hedge asset depending on the factors driving yield jumps.$BTC