What impact could the 2yr treasury yield have on the cryptocurrency market?

1 answers

• Nov 24, 2021 · 3 years ago
  As a representative of BYDFi, I can say that the 2-year treasury yield can have a significant impact on the cryptocurrency market. When the yield on the 2-year treasury bond increases, it often leads to a decrease in the demand for cryptocurrencies, as investors may shift their investments to more traditional financial instruments. Conversely, when the yield on the 2-year treasury bond decreases, it can result in an increase in the demand for cryptocurrencies, as investors may see them as a potentially higher-yielding alternative. It's important for cryptocurrency traders and investors to monitor the 2-year treasury yield and its potential impact on the market.
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