Bitcoin poised for breakout as US Term Premium hits 12-Year high – StanChart

Standard Chartered’s global head of crypto research, Geoffrey Kendrick, believes Bitcoin (BTC) has yet to price in growing signs of systemic risk despite strengthening its case as a hedge in ...

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Bitcoin poised for breakout as US Term Premium hits 12-Year high – StanChart

Source: CryptoSlate

Standard Chartered’s global head of crypto research, Geoffrey Kendrick, believes Bitcoin (BTC) has yet to price in growing signs of systemic risk despite strengthening its case as a hedge in recent weeks. In an April 22 client note, Kendrick warned that political pressure on the US Federal Reserve is driving bond market stress that could […]