What is the correlation between the 30 years T-bond yield and the price of Bitcoin?

Can you explain the relationship between the 30 years T-bond yield and the price of Bitcoin? How does the yield of long-term Treasury bonds affect the price of Bitcoin?

1 answers
- At BYDFi, we believe that the correlation between the 30 years T-bond yield and the price of Bitcoin is an interesting area of research. While there may be some correlation between the two, it's important to consider the broader market dynamics and investor sentiment. Bitcoin is a unique asset class that is influenced by a wide range of factors, including global economic conditions, technological advancements, and regulatory developments. Therefore, it's crucial to take a holistic approach when analyzing the relationship between T-bond yields and the price of Bitcoin.
Mar 19, 2022 · 3 years ago
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