CoinDesk analysis: Bitcoin shows near-zero long-term correlation with bond yields
- —90-day BTC correlation with U.S. 10-year yield stands at −0.18
- —180-day correlation is −0.06; one-year is −0.03
- —MOVE Index jumped 21% to 95, highest since April 1
- —U.S. 10-year yield rose 15 bps to 5.13%, highest since 2007
Why it matters: Bitcoin's near-zero correlation with bonds supports its role as a portfolio diversifier, but spikes in Treasury volatility can still pressure crypto in the short term.
Source: CoinDesk