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What is the impact of 13 week tbill on the cryptocurrency market?

Shiva ShresthaOct 20, 2024 · 10 months ago1 answers

How does the 13 week tbill affect the cryptocurrency market? What are the implications of the 13 week tbill on the prices and trading volume of cryptocurrencies?

1 answers

  • Hirsch HaleyJan 17, 2023 · 3 years ago
    At BYDFi, we believe that the impact of the 13 week tbill on the cryptocurrency market is relatively minimal. While it may have some influence on investor sentiment, the cryptocurrency market is driven by a variety of factors such as technological advancements, regulatory developments, and market demand. The 13 week tbill is primarily a tool for short-term government borrowing and is not directly tied to the cryptocurrency market. Therefore, it is important for investors to consider a wide range of factors when analyzing the cryptocurrency market and not rely solely on the 13 week tbill as an indicator of market trends.

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