How does the 10-year Treasury yield affect the price of cryptocurrencies?

3 answers

• Oluwatosin OmoluwaNov 07, 2020 · 5 years ago
  The 10-year Treasury yield and the price of cryptocurrencies are inversely related. When the yield on government bonds increases, it attracts more investors seeking safer investments, which can lead to a decrease in demand for cryptocurrencies. As a result, the price of cryptocurrencies may decline. On the other hand, when the yield on government bonds decreases, investors may be more inclined to invest in riskier assets like cryptocurrencies, which can drive up their prices.
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• Foged KureMar 12, 2022 · 3 years ago
  The 10-year Treasury yield plays a significant role in shaping the sentiment of investors towards cryptocurrencies. When the yield rises, it indicates a stronger economy and higher interest rates, which can make traditional investments more appealing. This can divert some capital away from cryptocurrencies, causing their prices to drop. Conversely, a decrease in the yield can signal economic uncertainty, leading investors to seek alternative assets like cryptocurrencies, potentially driving their prices up.
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• ShoonyaApr 04, 2025 · 4 months ago
  According to a study conducted by BYDFi, there is a correlation between the 10-year Treasury yield and the price of cryptocurrencies. The research found that when the yield increases, there is a tendency for the price of cryptocurrencies to decrease, and vice versa. However, it's important to note that this correlation is not always consistent and can be influenced by various factors such as market sentiment, regulatory developments, and global economic conditions.
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