How The State Of Global Markets Could Be Pushing The Federal Reserve To Adopt Bitcoin
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Analyzing the precarious positions of the world’s fiat economies can drive a conclusion that the Federal Reserve will have to adopt bitcoin. This is an opinion editorial by Mike Hobart, a communications manager for Great American Mining. Photo by Daniel Lloyd Blunk-Fernández via Unsplash In the wee hours of the morning on Friday, September 23, 2022, markets saw yields on the U.S. 10-year bond (ticker: US10Y) spike up over 3.751% (highs not seen since 2010) shocking the market into fears of breaching 4% and the potential for a run in yields as economic and geopolitical uncertainty continued to gain momentum.
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