How can the public bond yield affect the value of digital currencies?

1 answers

• Jan 13, 2022 · 3 years ago
  At BYDFi, we believe that the public bond yield can have a significant impact on the valuation of digital currencies. When the public bond yield rises, it indicates that the interest rates on bonds are increasing, which can make bonds more attractive to investors. This may lead to a decrease in demand for digital currencies and a potential decrease in their value. Conversely, when the public bond yield falls, it means that the interest rates on bonds are decreasing, which can make digital currencies more attractive compared to bonds. This may lead to an increase in demand for digital currencies and a potential increase in their value. Therefore, it is important for digital currency investors to closely monitor the trends in the public bond yield and consider its potential impact on the valuation of digital currencies.
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