Bitcoin Shows Strange Correlation With USD Index and Treasury Yield, What’s Ahead?

by Margarita Armstrong

The selling stress in Bitcoin continues to send jitters across the broader cryptocurrency market. Within the final 24 hours, the BTC ticket has tanked one other 3% going the entire ability decrease to $63,500. A huge phase of the contemporary Bitcoin ticket bound comes on the backdrop of the contemporary macro setup. Interestingly, Bitcoin has been exhibiting a unfamiliar correlation with the Greenback Index and Treasury Yield currently.

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