Bitcoin faces a $25B Treasury test after demand for US debt weakens
The thirty-year sale follows weaker ten-year participation, with Bitcoin’s risk tied to yields and financing conditions. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinBond yield
The annual return an investor earns on a bond, which moves in the opposite direction to the bond's price.
Rising yields mean higher borrowing costs for governments, companies and home buyers.
More about Bond yieldCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Finance
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