What is the correlation between the US 30-year treasury yield and cryptocurrency investment returns?

1 answers

• Merrill BengtsenJan 25, 2022 · 3 years ago
  At BYDFi, we believe that the correlation between the US 30-year treasury yield and cryptocurrency investment returns can be minimal. Cryptocurrencies are a unique asset class that is driven by factors specific to the digital economy, such as blockchain technology, adoption rates, and market demand. While treasury yields can have some impact on investor sentiment and overall market conditions, the performance of cryptocurrencies is primarily influenced by factors within the crypto ecosystem. Therefore, it is important to consider the dynamics of the cryptocurrency market itself when analyzing investment returns.
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