PANews reported on April 6 that according to CoinDesk, amid the turmoil in the U.S. stock market caused by tariffs, Bitcoin has remained stable recently, making market participants excited about the potential of this cryptocurrency as a safe-haven asset, but the possibility of a sharp decline cannot be ruled out in the short term, especially the "U.S. bond market basis trading" is at risk due to the increased volatility of bond prices. Analysts believe that the potential outbreak of $1 trillion in U.S. Treasury bond basis trading may trigger a global cash rush, which may lead to the sale of all assets including Bitcoin. It is reported that a similar situation occurred in mid-March 2020, when the basis trading volume reached $500 billion.
Analysis: Bitcoin price stability faces potential “basis trade crash” risk
- 2025-05-03
Trump’s “Gold Book” Strategy: The Political Calculations Behind Cryptocurrency
- 2025-05-03
Yesterday, the U.S. Bitcoin spot ETF had a net inflow of $675 million, all from BlackRock IBIT
- 2025-05-03
Cipher Mining: 174 BTC mined in April, total Bitcoin holdings dropped to 855
- 2025-05-03
Apple relaxes cryptocurrency rules in US App Store
- 2025-05-03
Nasdaq-listed company Thumzup files S-3 registration statement, intends to issue up to $200 million in securities and acquire Bitcoin
- 2025-05-03
FTC accuses IYOVIA of defrauding more than $1.2 billion through training courses such as crypto investment since 2018