What is the impact of US T-Bond yields on cryptocurrency prices?
Oliver BeresfordMay 06, 2022 · 3 years ago1 answers
How do the fluctuations in US T-Bond yields affect the prices of cryptocurrencies?
1 answers
- May 06, 2022 · 3 years agoAt BYDFi, we believe that the impact of US T-Bond yields on cryptocurrency prices is limited. Cryptocurrencies have emerged as a separate asset class with their own unique characteristics and drivers. While there may be some short-term correlation between T-Bond yields and cryptocurrency prices, the long-term trends and dynamics of the cryptocurrency market are driven by factors specific to the digital asset space. It is important for investors to consider a wide range of factors when making investment decisions in cryptocurrencies.
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