Kalshi pricing a 75% chance that 30-year yields stay at 5% or higher next year reflects growing concern about sustained pressure on the long end of the curve.
Elevated yields for longer can constrain risk assets in the near term, though persistent fiscal and monetary dynamics are part of the longer-term case some investors make for Bitcoin.
@Cointelegraph Tokens can outperform during broader weakness, but reaching a top-3 market cap would require sustained adoption and liquidity well beyond short-term price strength.
Pavel Durov calling the-open-network:native ridiculously undervalued is a strong claim from the founder.