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Data: Bitcoin and 10-year US Treasury yields have a negative correlation of over 90% within six months

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2024-04-02 04:24:30
On April 2, it was reported that SoSo Value data showed that the yield of US 10-year treasury bond bonds and the price of Bitcoin had a significant negative correlation in the past six months, reaching -90.61%. Yesterday, the yield of US 10-year treasury bond bonds rose sharply to 4.3, and the US stock market as a whole adjusted. The price of Bitcoin fell by more than 5% in 24 hours. In addition, Meme Stocks in the US stock market continued to experience a significant pullback, while the Meme sector of the cryptocurrency board fell more than 12% in 24 hours, leading the decline in all cryptocurrency sectors, while the SocialFi sector fell only 4.58% in 24 hours.
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