Reported 10 days ago
The widening credit spreads in the bond market, reaching levels unseen since August 2024, could indicate potential movements for Bitcoin, as tracked by the IEI/HYG ratio. This spike mirrors past events where Bitcoin historically declines during credit spread expansions. The critical question remains whether this trend will continue to affect risk assets, or if Bitcoin is beginning to act independently as a safe haven for investors.
Source: YAHOO