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

1 answers

• Edgardo A. TorresOct 06, 2021 · 4 years ago
  At BYDFi, we believe that the tbill 13 week rate can indirectly impact the cryptocurrency market. When the tbill 13 week rate rises, it can attract investors looking for safer investment options, which may lead to a temporary decrease in demand for cryptocurrencies. Conversely, when the tbill 13 week rate falls, it can make cryptocurrencies more appealing as they offer the potential for higher returns. However, it's important to note that the cryptocurrency market is highly volatile and influenced by various factors, so the impact of the tbill 13 week rate should be considered alongside other market indicators and trends.
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