As Treasury yields surge to multi-year highs, eyes are fixed on the 2-year Treasury note, a critical barometer for short-to-medium term economic expectations. The recent significant increase is a potential bellwether for imminent economic and policy shifts. But what does this mean for the crypto market, in particular Bitcoin?...
U.S. Treasury yields surge to multi-year highs U.S. Treasury yields surge to multi-year highs
Rising treasury yields could influence investor sentiment toward digital assets, particularly Bitcoin.
3 min read
Updated: Sep. 21, 2023 at 5:50 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
