Bonds have always been an asset with low risk but low yield. Now when the stock markets are a bit stormy, bonds may again be relevant. But, according to research by Deutsche Bank, 27% of debt instruments have negative returns.

The global debt market is one of the indicators of a potential crisis in other asset classes. Will bonds be a shelter this time? The bond market is huge, its value is 100 times higher compared to the market capitalization of bitcoins (BTC).

If digital gold turns out to take a certain share of this capitalization, it will not be a secret to anyone, how it will affect the price of BTC.