CoinShares CEO Declares Bitcoin Built for Bond-Yield Regime Shift

Bitcoin is positioned as a structural portfolio hedge as 30-year U.S. Treasury yields hold above 5.14% and global bond markets signal a durable “capital nationalism” regime. The narrative accelerated from Raoul Pal’s $100 trillion crypto forecast and Luxembourg’s sovereign Bitcoin purchase through BlackRock and JPMorgan’s tokenization and inflow projections. CoinShares CEO Jean-Marie Mognetti now frames Bitcoin as non-inflationary insurance rather than a speculative cycle asset, even as CryptoQuant warns the bear market may extend into 2027 with BTC near $73,000.