What impact does the 30-year treasury yield have on the cryptocurrency market?

1 answers

• Marchsevent dumedaFeb 10, 2021 · 4 years ago
  At BYDFi, we believe that the 30-year treasury yield can have a significant impact on the cryptocurrency market. As a decentralized exchange, we have observed that changes in the treasury yield can influence market sentiment and investor behavior. When the treasury yield increases, we often see a temporary decrease in trading volume and a shift towards more conservative investments. However, it's important to note that the impact of the treasury yield on the cryptocurrency market is not always straightforward and can be influenced by various factors. Therefore, it's crucial for investors to conduct thorough research and analysis before making investment decisions based on the treasury yield.
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