Analyst: Neither Bitcoin nor stocks have succumbed to rising borrowing costs

Mohannad Aama, portfolio manager at Beam Capital Management, said that the current higher bond yields can be said to increase market risks, but neither stocks nor Bitcoin have succumbed to the pressure brought by rising borrowing costs, but have been taking advantage of investors' enthusiasm for the "Trump deal". The "downside" is that this will make the pricing of both Bitcoin and stocks perfect. If corporate earnings do not meet investors' expectations, or Trump does not fulfill his promise to establish a national Bitcoin reserve, both markets may be in trouble. (marketwatch)