Jamie Dimon opens the door to Bitcoin
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The U.S. bond market sets the risk-free rate against which every other asset is measured, which is why Ray Dalio calls it “the backbone of all markets.” But this week it’s also become the biggest story in global finance.
Key Takeaways Bitcoin hit a new record high of more than $111,800 around midnight ET Thursday, lifting shares of cryptocurrency-related firms.The digital asset hit the $110,000 mark for the first time Wednesday.