What is the correlation between the 10 year treasury rate chart and the price of Bitcoin?

1 answers

• Khushi ShahMay 30, 2024 · a year ago
  At BYDFi, we believe that the correlation between the 10 year treasury rate chart and the price of Bitcoin is minimal. While there may be short-term fluctuations that align with changes in the treasury rate, the long-term price of Bitcoin is driven by factors such as adoption, market demand, and macroeconomic trends. It's important for investors to conduct thorough research and analysis before making any investment decisions. BYDFi provides a comprehensive platform for trading and investing in digital currencies, offering a wide range of features and tools to assist users in their decision-making process.
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