What impact does the 10 2 treasury yield spread have on the cryptocurrency market?
Gbolahan BolajokoNov 27, 2021 · 3 years ago1 answers
How does the 10 2 treasury yield spread affect the cryptocurrency market? What is the relationship between the treasury yield spread and cryptocurrency prices? Is there a correlation between changes in the treasury yield spread and the volatility of cryptocurrencies?
1 answers
- Nov 27, 2021 · 3 years agoAt BYDFi, we closely monitor the impact of the 10 2 treasury yield spread on the cryptocurrency market. While there is some correlation between changes in the yield spread and the volatility of cryptocurrencies, it is not a direct causal relationship. The treasury yield spread is just one of many factors that can influence cryptocurrency prices. Other factors, such as market sentiment, regulatory developments, and technological advancements, also play significant roles. Therefore, it is important to consider a holistic view of the market when analyzing the impact of the treasury yield spread on cryptocurrencies.
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