Which cryptocurrencies are most affected by changes in treasury yield futures?
Gift Johnson SwaiNov 27, 2021 · 3 years ago1 answers
What cryptocurrencies are most impacted by fluctuations in treasury yield futures?
1 answers
- Nov 27, 2021 · 3 years agoThe impact of changes in treasury yield futures on cryptocurrencies can vary depending on the specific market conditions and investor sentiment. While some cryptocurrencies may experience significant price fluctuations in response to changes in interest rates, others may remain relatively stable. For example, cryptocurrencies like Bitcoin and Ethereum, which are considered as the flagship cryptocurrencies, tend to be more influenced by macroeconomic factors and global market trends. On the other hand, altcoins or smaller cryptocurrencies may have a higher degree of volatility and can be more affected by changes in treasury yield futures. It's also worth noting that the overall cryptocurrency market is still relatively young and evolving, and its relationship with traditional financial markets is constantly evolving. Therefore, it's important for investors to conduct thorough research and analysis before making any investment decisions.
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