Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests

AI Summary The thesis is that high yields on long-term U.S. Treasuries make non-yielding assets like bitcoin less attractive. fulltext: 114 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.coindesk.com/markets/2026/08/13/forecasts-for-usd1-million-bitcoin-price-likely-look-too-ambitious-key-ratio-suggests Source: CoinDesk