Which cryptocurrencies are most affected by changes in the 10 year treasury futures chart?

1 answers

• CSE-2221 RANJAY DEVENDRA SINGHJan 10, 2024 · 2 years ago
  At BYDFi, we've observed that Bitcoin and Ethereum are the cryptocurrencies that are most impacted by changes in the 10 year treasury futures chart. These two digital currencies have a strong presence in the market and are often considered as reliable investment options. When the treasury futures chart experiences significant fluctuations, it can lead to a shift in investor sentiment, causing them to either buy or sell Bitcoin and Ethereum. This, in turn, affects the prices of these cryptocurrencies. However, it's worth mentioning that other digital currencies can also be influenced by the treasury futures chart, although to a lesser extent. Therefore, it's important for investors to keep an eye on this chart and its impact on the crypto market.
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