I’m completely stunned!
There’s another major shift in the broader market!
The correlation between Bitcoin’s market cap and Treasury yields has hit a record high, while BTC has gained nearly 30% in two months.
Whenever Treasury yields move, the crypto market tends to get shaken up!
$BTC 24h -1.07%—which side are you on?
Just my personal take; I may not be right, so take it with a grain of salt.
There’s another major shift in the broader market!
The correlation between Bitcoin’s market cap and Treasury yields has hit a record high, while BTC has gained nearly 30% in two months.
Whenever Treasury yields move, the crypto market tends to get shaken up!
$BTC 24h -1.07%—which side are you on?
Just my personal take; I may not be right, so take it with a grain of salt.