At 4.9%, the yield on the U.S. 10-year Treasury note is at least ten basis points higher than where it was a day before Hamas attacked Israel on Oct. 7. In other words, the price of the 10-year note has declined, a sign of investors seeking safety in other assets. Bitcoin has risen 23% to $34,460 since Oct. 7.
Related posts
-
BlackRock Highlights Bitcoin’s Risk-Off Status in the Long Term
Second, bitcoin’s high volatility can be perceived as a “risky” asset, which contributes to the discussion... -
Bitcoin’s Liquidation Data Signals a Possible Trend Reversal—Here’s Why
Bitcoin price movements and market sentiment have often been tied to the positions held by traders... -
Global Effort Disrupts Russia Linked Network Using Crypto to Evade Sanctions, U.S. Charges Two Russians
Russian nationals Sergey Ivanov and Timur Shakhmametov have been charged for their involvement in operating money...