BITCOIN ISN’T RESPONDING TO FALLING TREASURY YIELDS
Something unusual is happening in the market.Between October 21 and October 30:
Bitcoin dropped 8.25%, falling from $84,134 to $77,191.
US 10-year inflation-protected Treasury yields declined from 2.76% to 2.60%.
Nasdaq-100 fell 4.82%.
Here’s why this matters:
Normally, falling real Treasury yields can support Bitcoin because holding a non-yielding asset becomes relatively more attractive.
But this time, BTC isn’t following that pattern.
Weak technology stocks and continued Bitcoin ETF outflows are putting pressure on demand.
The bigger question is:
Is Bitcoin facing a temporary demand problem, or is the market entering a deeper risk-off phase?
For now, falling yields alone aren’t enough to trigger a BTC recovery.
Watch ETF flows, tech stocks and the $80K level closely.
#Write2Earn
#TrendingTopic
$BTC
Something unusual is happening in the market.Between October 21 and October 30:
Bitcoin dropped 8.25%, falling from $84,134 to $77,191.
US 10-year inflation-protected Treasury yields declined from 2.76% to 2.60%.
Nasdaq-100 fell 4.82%.
Here’s why this matters:
Normally, falling real Treasury yields can support Bitcoin because holding a non-yielding asset becomes relatively more attractive.
But this time, BTC isn’t following that pattern.
Weak technology stocks and continued Bitcoin ETF outflows are putting pressure on demand.
The bigger question is:
Is Bitcoin facing a temporary demand problem, or is the market entering a deeper risk-off phase?
For now, falling yields alone aren’t enough to trigger a BTC recovery.
Watch ETF flows, tech stocks and the $80K level closely.
#Write2Earn
#TrendingTopic
$BTC
