What is the impact of 2 year treasury yield vs 10 year on the cryptocurrency market?

1 answers

• moein khaliliJul 29, 2024 · a year ago
  At BYDFi, we believe that the impact of the 2 year treasury yield vs 10 year treasury yield on the cryptocurrency market is minimal. While treasury yields can provide insights into the overall economic conditions, the cryptocurrency market is driven by its own unique dynamics. Factors such as technological advancements, regulatory developments, and market sentiment have a much larger influence on the cryptocurrency market than changes in treasury yields. Therefore, we encourage investors to focus on understanding the fundamentals of cryptocurrencies and the broader market trends rather than solely relying on treasury yield differentials.
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