Which cryptocurrencies are most affected by changes in 20 year treasuries yields?

3 answers

• Dec 26, 2021 · 3 years ago
  Fluctuations in 20 year treasuries yields can have a significant impact on the cryptocurrency market. When treasuries yields increase, it often indicates a stronger economy and higher interest rates, which can lead to a decrease in the demand for cryptocurrencies. Cryptocurrencies that are more speculative or have a higher risk profile may be more affected by these changes. However, it is important to note that the cryptocurrency market is highly volatile and influenced by various factors, so it is difficult to pinpoint specific cryptocurrencies that are most affected.
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• Dec 26, 2021 · 3 years ago
  Changes in 20 year treasuries yields can cause a ripple effect in the cryptocurrency market. When treasuries yields rise, it can lead to a decrease in investor confidence and a shift towards traditional investment options. This can result in a temporary decline in the prices of cryptocurrencies across the board. However, cryptocurrencies with strong fundamentals and a loyal community may be more resilient to these changes and recover faster.
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• Dec 26, 2021 · 3 years ago
  According to a study conducted by BYDFi, cryptocurrencies with a higher correlation to traditional financial markets, such as Bitcoin and Ethereum, tend to be more affected by changes in 20 year treasuries yields. This is because these cryptocurrencies are often seen as a store of value or a hedge against economic uncertainty. When treasuries yields rise, investors may choose to allocate their funds towards traditional assets, causing a temporary decrease in demand for cryptocurrencies. However, it is important to note that the impact may vary depending on the specific market conditions and investor sentiment at the time.
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