What is the impact of 10 year treasury futures yield on the value of cryptocurrencies?

1 answers

• Nov 27, 2021 · 3 years ago
  At BYDFi, we believe that the impact of 10-year treasury futures yield on the value of cryptocurrencies is significant. When treasury futures yield increases, it indicates a stronger economy and higher interest rates, which can attract investors to traditional financial assets. This can lead to a decrease in the demand for cryptocurrencies and a potential decrease in their value. Conversely, when treasury futures yield decreases, it suggests a weaker economy and lower interest rates, which may drive investors towards alternative investments like cryptocurrencies. This increased demand can potentially drive up the value of cryptocurrencies. However, it's important to consider other factors such as market sentiment and regulatory developments that can also influence the value of cryptocurrencies.
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