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What is the correlation between 10-year treasury options and the cryptocurrency market?

ESCOBAR FFJan 16, 2021 · 5 years ago1 answers

Can you explain the relationship between 10-year treasury options and the cryptocurrency market? How do these two markets influence each other?

1 answers

  • Slattery SawyerMay 15, 2021 · 4 years ago
    At BYDFi, we have observed some interesting correlations between 10-year treasury options and the cryptocurrency market. While these markets operate differently and have distinct drivers, there are instances where they can influence each other. For example, during periods of economic uncertainty, investors may seek refuge in treasury options, leading to a decrease in demand for cryptocurrencies. Conversely, when the cryptocurrency market experiences significant price fluctuations, it can attract investors who are looking for higher returns. It's important to note that these correlations are not always consistent and can vary based on market conditions and investor sentiment. Therefore, it's crucial to analyze the specific factors at play when assessing the relationship between 10-year treasury options and the cryptocurrency market.

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