menu
techminis

A naukri.com initiative

google-web-stories
source image

Coin Telegraph

1M

read

377

img
dot

Image Credit: Coin Telegraph

10-year Treasury yield falls to 4% as DXY softens — Is it time to buy the Bitcoin price dip?

  • Yields on long-term US government debt fell to their lowest levels in six months as investors reacted to concerns over the global trade war and weakening USD.
  • A higher risk of economic recession may seem negative for Bitcoin, but lower returns from fixed-income investments could encourage allocations to alternative assets.
  • The US import tariffs negatively impact corporate profitability, reducing market liquidity and possibly paving the way for inflationary pressure.
  • The weakening of the US dollar and potential movement away from it strengthens Bitcoin's long-term upside potential.

Read Full Article

like

22 Likes

For uninterrupted reading, download the app