ABD 30 yıllık tahvil faizi %5,33’e yükselerek 2007’den bu yana, yani yaklaşık 19 yılın en yüksek seviyesine ulaştı.
Why is this development important for #Bitcoin and the #Crypto market?
Because such a rise in long-term government bond yields can;
tighten financial conditions, reduce appetite for risky assets, and cause liquidity to become more expensive—potentially increasing volatility in the short term in the #BTC and #Altcoin markets.
However, the other side of the story is more important:
The U.S. debt is growing, the interest burden is increasing, and long-term Treasury yields are rising. As this picture becomes unsustainable, the need for the Fed to increase liquidity again in the coming period may come up more and more.
In other words, near term there may be pressure, while the liquidity story over the longer term could swing back in crypto’s favor.
Why is this development important for #Bitcoin and the #Crypto market?
Because such a rise in long-term government bond yields can;
tighten financial conditions, reduce appetite for risky assets, and cause liquidity to become more expensive—potentially increasing volatility in the short term in the #BTC and #Altcoin markets.
However, the other side of the story is more important:
The U.S. debt is growing, the interest burden is increasing, and long-term Treasury yields are rising. As this picture becomes unsustainable, the need for the Fed to increase liquidity again in the coming period may come up more and more.
In other words, near term there may be pressure, while the liquidity story over the longer term could swing back in crypto’s favor.