FX has stopped reading bond yields the old way. Bitcoin should too.

FX stops reading bond yields the old way, prompting Bitcoin analysts to abandon traditional yield‑curve cues; the article notes that on September 3, 2026, market participants focus on real‑time on‑chain metrics and macro‑risk sentiment rather than static Treasury spreads, causing Bitcoin’s price to react more sharply to liquidity shifts, which could increase volatility and reshape trading strategies.