10-Year Yield Falls and Bitcoin Bounces Back: Correlation or Coincidence?
Bitcoin (BTC) rebounded about 3% from a sub-$80,000 low Thursday because the 10-year yield fell 13 foundation factors. Traders now ask whether or not decrease Treasury yields lifted Bitcoin or each merely moved collectively. The rebound started hours earlier than Treasury ran a scheduled bond buyback, a program it calls liquidity help. Bitcoin was again…
