What is the correlation between the 30 years T-bond yield and the price of Bitcoin?
![avatar](https://download.bydfi.com/api-pic/images/avatars/EajG4.jpg)
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?
![What is the correlation between the 30 years T-bond yield and the price of Bitcoin?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/dc/8179e0c79ce1539a99833e94038544aec08472.jpg)
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.
Feb 17, 2022 · 3 years ago
Related Tags
Hot Questions
- 95
How can I minimize my tax liability when dealing with cryptocurrencies?
- 94
How can I buy Bitcoin with a credit card?
- 74
What are the tax implications of using cryptocurrency?
- 69
What are the best practices for reporting cryptocurrency on my taxes?
- 45
What is the future of blockchain technology?
- 25
What are the best digital currencies to invest in right now?
- 19
What are the advantages of using cryptocurrency for online transactions?
- 16
How does cryptocurrency affect my tax return?