Bitcoin has virtually no correlation with bond yields over the long run: VanEck's Matthew Sigel

VanEck’s Matthew Sigel said Bitcoin has shown virtually no long-term correlation with bond yields, challenging the view that interest-rate movements consistently determine its performance. While yields may influence short-term risk sentiment and liquidity, Bitcoin’s longer-term price behavior appears driven by factors more specific to the crypto market and broader monetary conditions. The finding suggests investors should be cautious about using bond yields alone to forecast Bitcoin’s trajectory.