Danske Bank: US Treasury yields may rise to 6%
The relationship between macro conditions and crypto prices, in a nutshell: when liquidity loosens, risk assets do better; when liquidity tightens, risk assets struggle.
Direction matters here: rising US Treasury yields are a headwind, while falling yields are a tailwind. $BTC Current price: 82968, 24h: -1.04%.
Which direction do you favor?
#BTC
Personal observations, not investment advice. Be aware of the risks.
The relationship between macro conditions and crypto prices, in a nutshell: when liquidity loosens, risk assets do better; when liquidity tightens, risk assets struggle.
Direction matters here: rising US Treasury yields are a headwind, while falling yields are a tailwind. $BTC Current price: 82968, 24h: -1.04%.
Which direction do you favor?
#BTC
Personal observations, not investment advice. Be aware of the risks.