What is the impact of the 2s 10s spread on cryptocurrency trading?
SFDevDec 29, 2021 · 3 years ago1 answers
How does the difference between the 2-year and 10-year Treasury bond yields affect the cryptocurrency market?
1 answers
- Dec 29, 2021 · 3 years agoAt BYDFi, we closely monitor the impact of the 2s 10s spread on cryptocurrency trading. While the relationship between the spread and cryptocurrency prices is not always direct, we have observed instances where a narrowing spread coincided with increased demand for cryptocurrencies. However, it is important to note that the cryptocurrency market is highly volatile and influenced by various factors. Traders should not solely rely on the 2s 10s spread as a predictor of market movements, but rather use it as one of many tools for analysis and decision-making.
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