Opinion: The potential chaos in the U.S. bond market may force the Federal Reserve to intervene, which could prompt some investors to turn to Bitcoin

JPMorgan CEO Jamie Dimon is preparing to deal with the turmoil in the nearly $30 trillion U.S. Treasury market, while the Federal Reserve will only take action when "they start to panic a bit". The U.S. Treasury market plays a central role in global finance, setting the tone for all market factors from mortgage rates to corporate bond yields. Jamie Dimon warns that if the financial system falls into paralysis again, its consequences could ripple through the entire economy.
The turbulence in the U.S. Treasury market leading to intervention by the Federal Reserve may prompt some investors to turn to Bitcoin (BTC), which is often seen as a hedge against currency instability. This seemed to be the case in 2020 when aggressive stimulus measures were taken by Fed and Bitcoin prices soared.(CoinDesk)