Opinion: The recent decline in Bitcoin is mainly attributed to the macro outlook of interest rates and the rise in treasury bond yields.

2024-04-18 13:56:42 Views

Semir Gabeljic, Director of Capital Formation at Pythagoras Investments, stated that Bitcoin's fall to $65,000 is mainly attributed to the recent outlook on interest rates and the rise in government bond yields. A higher interest rate environment usually reduces investors' risk appetite.

  Disclaimer: Includes third-party opinions. No financial advice. See Risk Warning.
  
Title:Opinion: The recent decline in Bitcoin is mainly attributed to the macro outlook of interest rates and the rise in treasury bond yields. - Markets
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