Emil CovasalaNov 25, 2021 · 3 years ago3 answers What does the upward trend in US Treasury bond yields mean for the cryptocurrency market?
As the US Treasury bond yields continue to rise, what implications does this have for the cryptocurrency market? How does the increase in bond yields affect the value and performance of cryptocurrencies? Are there any correlations between rising bond yields and the prices of major cryptocurrencies like Bitcoin and Ethereum? How do investors in the cryptocurrency market react to changes in bond yields? What strategies can cryptocurrency traders employ to navigate the impact of rising bond yields on the market?