BREAKING
433d 2h ago

Bitcoin Resilience Amid Higher Treasury Yields: Insights into Market Trends and ETF Impact

Loading market data...
Bitcoin
Bitcoin

-

-

Volume (24h): -

cryptocurrencies 20

According to recent insights from COINOTAG, the 10-year U.S. Treasury yield has surged from 3.6% during the September FOMC meeting to 4.2%, representing a significant increase of 60 basis points. This sharp rise has raised **market concerns** surrounding **inflation**, illustrating the potential challenges for cryptocurrencies, particularly Bitcoin, in reclaiming its upward trajectory. Analysts at 10x Research suggest that the market requires **time** to calibrate to these **higher bond yields** before Bitcoin can experience a resurgence. However, it’s crucial to maintain a balanced perspective; pessimism may be unwarranted at this juncture. Furthermore, since the introduction of the **Bitcoin spot ETF**, stablecoin inflows have surged dramatically, reaching an impressive **$36 billion**, indicating that market **liquidity** remains robust, providing a supportive backdrop for potential growth in the crypto sector.

Share News:
Don't Miss Breaking News
HomeFlashMarketProfile
    Bitcoin Resilience Amid Higher Treasury Yields: Insights into Market Trends and ETF Impact - Breaking News