Bitcoin is defying rate logic: it rose 43% last quarter even as the 10-year Treasury yield hit 5.3%, its highest in 24 years. Joe Consorti says the move underscores a sharp break from the view that higher yields should weigh on non-yielding assets.
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Bitcoin is defying rate logic: it rose 43% last quarter even as the 10-year Treasury yield hit 5.3%, its highest in 24 years. Joe Consorti says the move underscores a sharp break from the view that higher yields should weigh on non-yielding assets.
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Sold the $280 10/9 Calls on $APP for $7.80
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