Aside from this report’s likely impact on the US dollar (which will benefit Bitcoin), all risk assets stand to benefit from lower long-term yields. Indeed, the 10-year U.S. Treasury yield is most often considered the appropriate discount rate for stocks and other risky assets. For crypto investors with a long-term investment horizon, discounting future growth to the present requires some sort of interest rate, and this is the particular number that most investors are currently paying close attention to. .
