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TagsWhat is the impact of the 2s 10s spread on cryptocurrency trading?
Don CamDec 18, 2021 · 3 years ago1 answersHow does the difference between the 2-year and 10-year Treasury bond yields affect the cryptocurrency market?
1 answers
- At BYDFi, we closely monitor the impact of the 2s 10s spread on cryptocurrency trading. While the relationship between the spread and cryptocurrency prices is not always direct, we have observed instances where a narrowing spread coincided with increased demand for cryptocurrencies. However, it is important to note that the cryptocurrency market is highly volatile and influenced by various factors. Traders should not solely rely on the 2s 10s spread as a predictor of market movements, but rather use it as one of many tools for analysis and decision-making.Dec 18, 2021 · 3 years ago
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