Reaching for Yield in Crypto: What Three Cycles Actually Show
The phrase “reaching for yield” describes what happens when bonds get less attractive and money rotates into riskier assets to keep earning a return. When the Fed cuts, or even when it starts talking about cutting, capital tends to slide out of low-yielding safety and into stocks, corporate credit, real estate, and lately, crypto. I wanted to know how tight that link actually is for Bitcoin and Ether. Not the story, the numbers....