What is the correlation between the 10-2 year treasury yield spread chart and cryptocurrency market movements?

1 answers

• Nov 27, 2021 · 3 years ago
  At BYDFi, we have observed a correlation between the 10-2 year treasury yield spread chart and cryptocurrency market movements. When the yield spread widens, we often see an increase in trading volume and price appreciation in cryptocurrencies. However, it's important to consider that correlation does not necessarily imply causation. While the yield spread can provide insights into investor sentiment and market conditions, it's just one of many factors that can influence cryptocurrency market movements. Traders and investors should conduct thorough research and analysis to make informed decisions.
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