How does the 10 yr 2 yr spread affect the price of digital currencies?

1 answers

• Ronald RivasMar 04, 2024 · a year ago
  At BYDFi, we closely monitor the impact of the 10-year and 2-year spread on the price of digital currencies. When the spread widens, we tend to see a decrease in demand for digital currencies as investors become more risk-averse. Conversely, when the spread narrows or becomes negative, we often observe an increase in demand for digital currencies as investors seek higher returns in a potentially stronger economy. It's important to note that the 10-year and 2-year spread is just one of many factors that can influence the price of digital currencies, but it's certainly an indicator worth paying attention to.
  613307