Bitcoin Faces Potential Surge as Bond Market Risks Loom, Says Standard Chartered Analyst

Geoffrey Kendrick, head of crypto research at Standard Chartered, warns that Bitcoin (BTC) may not have fully priced in systemic risks stemming from bond market stress. With the US 10-year term premium at a 12-year high, concerns over inflation, debt issuance, and potential leadership changes at the Federal Reserve could soon impact crypto markets.

Bitcoin Poised for Breakout Amid Bond Market Stress

Standard Chartered’s crypto research head Geoffrey Kendrick believes Bitcoin (BTC) has yet to fully price in systemic risks. Kendrick warned that political pressure on the US Federal Reserve is driving bond market stress, reflected by the US 10-year term premium hitting a 12-year high. He noted concerns about inflation, debt issuance, and the potential replacement of Federal Reserve Chair Jerome Powell could soon spill into crypto markets.

Spot Bitcoin ETFs See $395M Inflows Over 4 Trading Days

Spot Bitcoin ETFs experienced a brief respite from outflows with $395 million in inflows over four trading days. On April 15, the ETFs saw $76.4 million in net inflows, followed by $171.1 million in outflows on April 16. However, demand rebounded on April 17 with $106.9 million in inflows, and post-Easter activity saw $381.3 million in inflows on Monday. Bitcoin’s price remained stable around $84,000 throughout the period.

GoMining’s Miner Wars Bitcoin Mining Game Adds New Features

GoMining has expanded its Miner Wars Bitcoin mining game with newcomer-friendly welcome packs and clan leagues for competitive players. Players can buy digital miner NFTs on four different blockchains to start playing and earn approximately 1 BTC in real crypto rewards daily. Since its September launch, Miner Wars has garnered over 165,000 active players and paid out more than 144 BTC, or over $13 million in rewards.

Gold Hits All-Time Highs; Bitcoin Lags but Shows Potential

Gold surged to over $3,400/oz in 2025 due to investor demand for safety in a turbulent macro environment. Although Bitcoin’s price action has lagged, both assets are reacting to the same macro factors: eroding confidence in fiat money, volatile geopolitics, and deeply negative real yields. Gold’s market cap increased by $9 trillion, and the ’digital gold’ narrative is firming as Bitcoin moves in tandem with gold more often.

Cantor Teams With SoftBank, Tether, Bitfinex on Possible $3B Bitcoin Deal

Brandon Lutnick’s 21 Capital will receive $3 billion pooled from SoftBank, Tether, and Bitfinex to create a Bitcoin acquisition vehicle. The partners plan to convert Bitcoin contributions to shares at a $85,000 per coin valuation, aiming to follow MicroStrategy’s success as a public Bitcoin-focused company.