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How can 10 year US Treasury futures affect the price of digital currencies?

avatarBuus AdairNov 27, 2021 · 3 years ago1 answers

Can you explain how the trading of 10 year US Treasury futures can impact the value of digital currencies?

How can 10 year US Treasury futures affect the price of digital currencies?
Digital Currencies
US Treasury Futures
Price Impact

1 answers

  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, we closely monitor the relationship between 10 year US Treasury futures and digital currencies. While the impact may not always be direct or immediate, it's important to consider the broader market dynamics and investor sentiment. As a digital currency exchange, we advise our users to stay informed about the latest developments in Treasury futures trading and keep an eye on interest rate movements, as they can have a significant impact on the prices of digital currencies.

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