Report: Kazakhstan begins selling gold; rising Treasury yields boost the dollar’s appeal
When macro news filters through to crypto, I usually look at it in two steps:
First: the direction of Treasury yields—rising yields weigh on risk appetite, while falling yields are bullish.
Second: whether U.S. stocks and $BTC are reacting in sync. A synchronized reaction suggests the market is pricing in macro factors; a lack of synchronization suggests crypto-specific factors are more dominant.
$BTC is currently at 82888.01, down 0.23% over 24 hours.
#BTC
These could also be wrong, so don’t treat them as advice.
When macro news filters through to crypto, I usually look at it in two steps:
First: the direction of Treasury yields—rising yields weigh on risk appetite, while falling yields are bullish.
Second: whether U.S. stocks and $BTC are reacting in sync. A synchronized reaction suggests the market is pricing in macro factors; a lack of synchronization suggests crypto-specific factors are more dominant.
$BTC is currently at 82888.01, down 0.23% over 24 hours.
#BTC
These could also be wrong, so don’t treat them as advice.