Bitcoin Underperforms US Treasuries as Macro Headwinds Drive ‘Flight to Safety’

The narrative positioning Bitcoin (BTC) as a secure, uncorrelated asset has been challenged recently, with the digital currency underperforming the ultra-safe U.S. Treasury market. This unusual trend reflects a significant “risk-off” sentiment gripping global financial markets, where investors are favoring guaranteed, low-risk returns over the volatile, speculative nature of cryptocurrencies. The Pull of Higher Risk-Free …

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