CRYPTO
Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests
CoinDeskThursday, August 13, 2026 at 5:43 PM
RedScroll Brief

The thesis is that high yields on long-term U. Treasuries make non-yielding assets like bitcoin less attractive.
RedScroll Signal
- Impact
- High
- Category
- Crypto
- Market relevance
- High
- Why it matters
- Crypto moves are a live stress test of liquidity, regulation, and narrative risk. The thesis is that high yields on long-term U. Treasuries make non-yielding assets like bitcoin less attractive. Watch liquidity and volatility around Bitcoin and Forecasts — crypto markets reprice narrative risk quickly.
Desk copy
RedScroll Briefing
Extractive editorial brief — not a reprint of the original
What happened
The thesis is that high yields on long-term U. Treasuries make non-yielding assets like bitcoin less attractive.
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk.
Background
CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.
Timeline
CoinDesk published: Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests
Story is in today’s RedScroll edition. Follow the original source for updates.
Economic impact
Watch liquidity and volatility around Bitcoin and Forecasts — crypto markets reprice narrative risk quickly.
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Source
CoinDesk
Original reporting by CoinDesk. RedScroll provides an extractive briefing only.