– Bitcoin may experience a “very dovish” move from Powell, the chairman of the Federal Reserve, due to the impact of high U.S. bond yields.
– The price of Bitcoin has surpassed $28,600, indicating a bullish trend in the market.
– The correlation between Bitcoin and bond yields suggests that any significant movement in bond yields could have an impact on the cryptocurrency market.
In summary, the article highlights the potential impact of high U.S. bond yields on Bitcoin and speculates on a “very dovish” move from Powell. It also mentions the recent surge in Bitcoin’s price and the correlation between Bitcoin and bond yields.