Director of Capital Formation of Pythagoras Investments: The decline of Bitcoin is mainly due to the recent macro prospect of interest rates and the rise of treasury bond bond yields
2024-04-03 05:32:18
Semir Gabeljic, director of capital formation at Pythagoras Investments, said that Bitcoin fell back to US $65000, mainly due to the recent macro outlook of interest rates and the rise of treasury bond bond yields. A higher interest rate environment usually reduces investors' risk appetite.
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