$BTC Bitcoin is entering what former BitMEX CEO Arthur Hayes calls 'only up mode', as an increasingly deepening crisis in the US bond market may drive investors away from traditional safe-haven assets and direct them towards alternative stores of value.

The loss of confidence in US policy fuels bullish outlooks for Bitcoin

On April 11, the benchmark yield on 10-year US Treasury bonds soared above 4.59%, its highest level in two months.