What impact does the 20yr treasury yield have on the cryptocurrency market?

1 answers

• Nov 24, 2021 · 3 years ago
  At BYDFi, we closely monitor the impact of the 20-year treasury yield on the cryptocurrency market. Changes in the treasury yield can have both short-term and long-term effects on cryptocurrency prices. In the short term, sudden increases in the treasury yield can trigger a sell-off in cryptocurrencies as investors seek safer investments. However, in the long term, the impact of the treasury yield on the cryptocurrency market may be less significant compared to other factors such as regulatory developments, technological advancements, and market sentiment. It's important for investors to consider a wide range of factors when analyzing the cryptocurrency market and not solely rely on the treasury yield as a predictor of price movements.
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