What impact does the 10-year 3-month treasury spread have on the digital currency market?
shaoDec 28, 2021 · 3 years ago1 answers
How does the difference between the 10-year and 3-month treasury yields affect the digital currency market?
1 answers
- Dec 28, 2021 · 3 years agoAt BYDFi, we believe that the 10-year 3-month treasury spread can have a significant impact on the digital currency market. When the spread widens, it indicates a potential shift in investor sentiment towards traditional financial assets, which can lead to a decrease in demand for digital currencies. However, it's important to note that the digital currency market is influenced by various factors, and the treasury spread is just one of them. Other factors such as market sentiment, regulatory developments, and technological advancements also play a crucial role in shaping the digital currency market.
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