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Bitcoin Price and US 10-Year Treasury Yield: A Striking Negative Correlation
Bitcoin Price and US 10-Year Treasury Yield: A Striking Negative Correlation Introduction: Over the past six months, Bitcoin price has exhibited a notable negative correlation with the US 10-Year Treasury Yield, reaching a correlation coefficient of -90.61%
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Bitcoin and US Treasury Yield Show Inverse Correlation, Meme Stocks and Crypto Meme Coins Plunge
Over the past six months, the correlation between the US 10-year Treasury yield and Bitcoin's price has been significantly negative, reaching -90.61%
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The performance of ETH market exceeded that of US treasury bond bonds, and a surge of investment came!
The 10-year US treasury bond has reached the highest level since 2007, exceeding 4.9%, which has shaken the risk assets such as stocks and cryptocurrencies