How can 10yr treasury futures affect the price of digital currencies?
Garrett KelleyDec 25, 2021 · 3 years ago3 answers
How does the trading of 10-year treasury futures impact the value of digital currencies?
3 answers
- Dec 25, 2021 · 3 years agoWhen there is a significant increase in the demand for 10-year treasury futures, it usually indicates a decrease in investor confidence in the economy. This can lead to a shift in investment from riskier assets like digital currencies to safer options such as treasury bonds. As a result, the price of digital currencies may experience a decline.
- Dec 25, 2021 · 3 years agoThe trading of 10-year treasury futures can serve as an indicator of the overall market sentiment. If there is a bearish outlook on the economy, investors may flock to treasury futures as a safe haven, causing a decrease in demand for digital currencies and potentially leading to a drop in their prices.
- Dec 25, 2021 · 3 years agoAccording to BYDFi, the impact of 10-year treasury futures on digital currencies can be significant. When there is a surge in trading volume for treasury futures, it can create a ripple effect in the market, affecting the prices of various assets, including digital currencies. Traders and investors closely monitor the movements in treasury futures to gauge the overall market sentiment and make informed decisions regarding their digital currency holdings.
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