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Guaranteed 4.47% Yield on US Debt Just Raised the Hurdle for Bitcoin

August 1, 202612:05 PM
Guaranteed 4.47% Yield on US Debt Just Raised the Hurdle for Bitcoin

The US government sold $44 billion of seven-year debt at a guaranteed yield of 4.473%, a significant increase that makes government bonds more attractive compared to riskier assets like Bitcoin. This 21.3 basis point increase from the previous auction presents a growing challenge for Bitcoin and other digital assets, as investors can now secure returns approaching 4.5% with safety, reducing the appeal of more volatile investments in a higher interest rate environment.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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