Bitcoin Nears Critical Inflection Point Versus US Treasury Bonds: Bloomberg
Bloomberg Intelligence warns Bitcoin may face a significant turning point against US Treasury bonds.
Bloomberg Intelligence warns Bitcoin may face a significant turning point against US Treasury bonds. Bitcoin (BTC) is trading at ₹74,04,496 ($77,901.00). This is an original Token Times brief based on reporting by U.Today, with live market data added, as of Sun, 01 Nov 2026 12:15:01 UTC.
This potential turning point highlights Bitcoin's evolving role in the global financial system and its relationship with traditional safe-haven assets like US Treasuries.
- Bloomberg strategist warns of Bitcoin's critical inflection point vs US Treasuries.
- Bitcoin's 24h price up 0.81% to $77,872, but down 3.19% over the past week.
- Total crypto market cap remains at $2.68 trillion, showing market stability.
Bloomberg Intelligence's senior commodity strategist, Mike McGlone, has suggested that 
Bitcoin may be nearing a significant inflection point in its relationship with US Treasury bonds. This warning comes at a time when Bitcoin's price has been experiencing volatility, with a 0.81% increase over the past 24 hours to $77,872, though it remains down 3.19% over the last week.
The broader cryptocurrency market has been relatively stable, with the total market cap holding steady at $2.68 trillion. Despite the recent fluctuations, Bitcoin's market cap stands at $1.57 trillion, maintaining its position as the dominant cryptocurrency.
McGlone's warning reflects the broader narrative of Bitcoin's role as a potential competitor to traditional safe-haven assets. The interplay between Bitcoin and US Treasury bonds is particularly significant given the latter's status as a cornerstone of global finance.
The current market sentiment, as indicated by the Fear & Greed index at 34 (Fear), suggests that investors remain cautious. This caution could be influenced by the ongoing macroeconomic uncertainties and the potential for further interest rate adjustments by the Federal Reserve.
As Bitcoin continues to navigate its position within the global financial landscape, market participants will be closely watching for any signs of a definitive shift in its relationship with US Treasury bonds. The next few weeks could be crucial in determining whether Bitcoin can solidify its status as a viable alternative to traditional assets.
Since this brief published about 4 hours ago, Bitcoin (BTC) has moved from ₹74,01,739.21$77,872.00 to ₹74,04,495.66$77,901.00 — +0.04%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.06M (about $77,901.00), up 0.5% over 24 hours. The rupee itself trades about 8.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 1, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Bitcoin Nears Critical Inflection Point Versus US Treasury B — questions & answers
What is the current price of Bitcoin?
Bitcoin is currently priced at $77,872, having risen 0.81% in the past 24 hours.
What did Bloomberg Intelligence warn about Bitcoin?
Bloomberg Intelligence warned that Bitcoin may be nearing a significant turning point in its relationship with US Treasury bonds.
How has the overall crypto market performed recently?
The total crypto market cap is at $2.68 trillion, indicating relative stability.
How much is 1 Bitcoin worth in rupee today?
About ₹8.06M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $77,901.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.