Bitcoin Hits Record High Against BlackRock’s U.S. Treasury ETF as Investors Search for Returns: Van Straten

BlackRock's long-term U.S. treasury bond ETF, TLT, has dropped 8% year-to-date against bitcoin, which is up 55%. U.S. Treasuries are considered a liquid, global reserve asset. Bitcoin dominance made new highs over the weekend at 60.56% of crypto-market cap.

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Source: Coindesk.com