What impact will a 10-year UST yield have on the cryptocurrency market?

3 answers

• Ernest CheaJan 27, 2024 · 2 years ago
  The 10-year UST yield can have a significant impact on the cryptocurrency market. As yields on US Treasury bonds rise, it often leads to a decrease in risk appetite among investors. This can result in a shift of capital from riskier assets like cryptocurrencies to safer investments. Consequently, the cryptocurrency market may experience a decline in prices and increased volatility. However, it's important to note that the correlation between UST yields and cryptocurrencies is not always straightforward, as other factors such as market sentiment and global economic conditions also play a role.
  599

  300
• Christian Zhou-ZhengJun 18, 2025 · 2 months ago
  When the 10-year UST yield increases, it indicates higher borrowing costs for the US government. This can lead to a stronger US dollar, which may have a negative impact on cryptocurrencies. As the value of the US dollar rises, the relative value of cryptocurrencies against the dollar may decrease. Additionally, a stronger dollar can make cryptocurrencies less attractive to international investors, potentially affecting their demand and liquidity.
  450

  150
• Sheppard SantiagoOct 01, 2021 · 4 years ago
  At BYDFi, we believe that the impact of the 10-year UST yield on the cryptocurrency market will depend on various factors. While rising yields may initially lead to a decrease in cryptocurrency prices, it's important to consider the overall market dynamics and investor sentiment. Cryptocurrencies have shown resilience in the face of traditional market fluctuations, and their value is driven by a range of factors beyond just UST yields. Therefore, it's essential to take a holistic approach when analyzing the potential impact of UST yields on the cryptocurrency market.
  573

  144