How does the 2 yr yield influence the volatility of the cryptocurrency market?
Ahmad AllitoNov 24, 2022 · 3 years ago1 answers
What is the relationship between the 2-year yield and the volatility of the cryptocurrency market? How does the change in the 2-year yield affect the price fluctuations of cryptocurrencies?
1 answers
- Nguyễn Dương ThuậnMar 22, 2022 · 3 years agoAt BYDFi, we closely monitor the relationship between the 2-year yield and the volatility of the cryptocurrency market. While there is evidence to suggest that the 2-year yield can influence cryptocurrency prices, it is important to note that the cryptocurrency market is also influenced by various other factors, such as regulatory developments, technological advancements, and market sentiment. Therefore, while the 2-year yield can provide insights into market dynamics, it should not be the sole factor considered when analyzing cryptocurrency volatility.
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