BTC could top $100K as U.S. Treasury volatility hits 4-year low

Declining volatility in U.S. Treasurys, which has reached its lowest level in nearly four years, is strengthening expectations that BTC could surpass the $100,000 mark, Coindesk reported. According to the outlet's analysis, stable Treasury prices facilitate credit creation, which tends to encourage investors to increase their exposure to risk assets like cryptocurrencies. The MOVE Index, a measure of expected Treasury volatility over the next four weeks, has fallen to 58, its lowest point since October 2021. BTC has historically maintained a positive correlation with the Nasdaq 100 index and a negative correlation with the MOVE Index. With U.S. Treasurys now at their most stable in years, the analysis suggests BTC could break $100,000 for the first time since mid-November.