Strong trading activity after launch
CoinGecko currently reports $TMX around $0.14, with roughly $29.4M in 24-hour volume and a market cap around $20.8M. The token has also experienced significant volatility since launch.
Meanwhile, the U.S. 10 year Treasury yield is moving toward 4.75%, yet the dollar continues to lose strength.
Usually, higher yields can make USD assets more attractive. But right now, the market may be paying more attention to inflation, fiscal concerns and the broader U.S. economic outlook.
I’ve been tracking Forex pairs on BingX alongside crypto, and this setup is worth watching.
Can higher yields still give the USD enough momentum to move higher?
#Forex #USD #Trading #BingX
CoinGecko currently reports $TMX around $0.14, with roughly $29.4M in 24-hour volume and a market cap around $20.8M. The token has also experienced significant volatility since launch.
Meanwhile, the U.S. 10 year Treasury yield is moving toward 4.75%, yet the dollar continues to lose strength.
Usually, higher yields can make USD assets more attractive. But right now, the market may be paying more attention to inflation, fiscal concerns and the broader U.S. economic outlook.
I’ve been tracking Forex pairs on BingX alongside crypto, and this setup is worth watching.
Can higher yields still give the USD enough momentum to move higher?
#Forex #USD #Trading #BingX
