Bitcoin rallies despite historic bond selloff

00:00 Scott Melker

A cooler inflation report failed to stop the historic bond sell-off, but rising yields also failed to stop Bitcoin from recording its best quarter since 2021, and its best Q3 since 2017. We're going to talk about that and more right now on the Daily Wolf. Let's go.

00:36 Scott Melker

What is up everybody? Welcome to the Daily Wolf on Yahoo Finance. I am your host, Scott Melker, also known as the Wolf of all Streets.

00:49 Scott Melker

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01:10 Scott Melker

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01:21 Scott Melker

Bitcoin doing exceptionally well in an environment when Bitcoin is not supposed to do exceptionally well. Let's take a look at a couple headlines here.

01:34 Scott Melker

Bitcoin post strongest Q3 since 2017.

01:41 Scott Melker

Now, the next headline on this story, US Treasury yield surge to 24-year high in global bond selloff. Now, why do those two things matter?