Bitcoin Eyes Rally as US Bonds Crash
Visit this link to consistently profit in Binance futures trading, receive free bitcoin trading signals, and access the Cornix trading Bot for optimal automated trades: https://telegram.me/cryptosignalalert.
BitMEX co-founder Arthur Hayes says Bitcoin is gearing up for “up only mode” as mounting US macroeconomic factors could force the Fed to intervene.
Bitcoin is entering what former BitMEX CEO Arthur Hayes calls “up only mode,” as a deepening crisis in the US bond market potentially drives investors away from traditional haven assets and toward alternative stores of value.
Loss of confidence in US policy boosts Bitcoin’s upside prospects
On April 11, the benchmark US 10-year Treasury yield surged above 4.59%—its highest level in two months.
The $29 trillion US Treasury market has dropped more than 2% this week — its steepest decline since September 2019, when a liquidity crunch in the repo market forced the Federal Reserve to intervene.
Our team of experts diligently examines the markets every day to pinpoint the best trading prospects.
If you require assistance, our support team is here to guide you throughout your trading journey, striving to enhance your overall experience.
Receive daily signals for Futures trading based on market trends, boasting an average accuracy rate of over 90%.
With a 5-star rating, our service comes highly recommended by traders worldwide.
Comments
Post a Comment