While conventional wisdom would suggest that rising bond yields<\/strong> would harm risky assets like Bitcoin<\/strong>, the current situation could actually turn out to be extremely favorable<\/strong> for cryptocurrencies<\/a>. An analysis of the economic factors at play reveals a macroeconomic context that could propel the price of BTC<\/a> in the coming months.<\/p>\n\n\n\n According to many experts, the recent and persistent increase in US Treasury bond yields<\/strong>, despite a slowdown in inflation, can be directly attributed to expectations of a new era of massive fiscal expansion<\/strong> under the Trump<\/a> administration. The revised tax plans involve nearly $4 trillion in tax cuts combined with $1.5 trillion in spending reductions, resulting in a net stimulus of $2.5 trillion.<\/p>\n\n\n\n