Why should cryptocurrency investors pay attention to the 10-year UST yield?

1 answers

• Dec 24, 2021 · 3 years ago
  BYDFi believes that cryptocurrency investors should pay attention to the 10-year UST yield because it can provide valuable insights into the overall market sentiment. The UST yield is often seen as an indicator of inflation expectations and changes in interest rates. When the UST yield rises, it suggests that investors are anticipating higher inflation and interest rates, which can negatively impact the value of cryptocurrencies. Conversely, when the UST yield falls, it indicates lower inflation and interest rates, which can be positive for cryptocurrencies. Therefore, monitoring the 10-year UST yield can help investors make informed decisions and adjust their investment strategies accordingly.
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