Bitcoin can soak up $30T US Treasury market-- Bitwise CEO

INSUBCONTINENT EXCLUSIVE:
Bitcoin's (BTC) total addressable market encompasses the $16 trillion gold market and the $30 trillion US Treasury market used as a store of
was responding to an earlier post from economist Mohamed El-Erian, in which the economist cautioned analysts that US Treasury flows are no
longer a barometer for investor flight to safety.Gold is once again approaching its all-time high of $3,500 per ounce
attention as it emerges as an alternative savings technology and a store-of-value asset with gold-like properties, that can hedge against
geopolitical turmoil, macroeconomic shock, and downturns in risk-on markets.Related: Bitcoin price expected to soar as global bond markets
protect the value of their savings from the corrosive effects of inflation and the ever-present counterparty risks inherent in centrally
spending, piling onto the nearly $37 trillion national debt.Critics of the bill, including Elon Musk, the former head of the Department of
Government Efficiency (DOGE), say that, contrary to President Trump's stated aims, the current budget is not sustainable and will erode the
long-term fiscal health of the US further.In April 2025, the bond market reacted to the ongoing macroeconomic uncertainty of Trump's trade
tariffs and rising US debt levels in a sharp sell-off as investors unloaded the US government securities.Interest rate on the 10-year
Treasury Bond remains elevated as market participants exercise caution about US fiscal and monetary health
Source: TradingViewThe market dump spiked bond yields as investors demanded higher interest rates to compensate for the increased risk of
article does not contain investment advice or recommendations
Every investment and trading move involves risk, and readers should conduct their own research when making a decision.Magazine: Baby boomers
worth $79T are finally getting on board with Bitcoin