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TechFlow news: Arthur Hayes, founder of BitMEX, posted on X stating that despite rising U.S. Treasury yields—which typically signal potential declines for long-term non-yielding assets such as gold (XAU) and bitcoin (BTC)—both assets have remained resilient.
He noted that the yield increase is driven by inflation rather than economic growth, putting pressure on the traditional fiat monetary system, which in turn makes gold and bitcoin perform even better.
Arthur Hayes, founder of BitMEX, posted on X stating that despite rising U.S. Treasury yields—typically signaling potential declines for long-term non-yielding assets such as gold (XAU) and bitcoin (BTC)—both assets have remained resilient. He noted that the yield increase is driven by inflation rather than economic growth, putting pressure on the traditional fiat financial system, which in turn makes gold and bitcoin perform even better.
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