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Bitcoin and Treasury Yields Fell Together in Unusual Simultaneous Decline
(6 hours ago) · 1 source · Summarized by CryptoBipto
Bitcoin and U.S. Treasury yields dropped at the same time, a pattern that is considered unusual by market observers. Bitcoin failed to sustain a recovery above $80,000 during this period.
WHY IT MATTERS
Treasury yields are the interest rates the U.S. government pays when it borrows money.
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SOURCES
- cryptoslate.com
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