Bitcoin Shows Resilience to Interest Rate Hikes, 90-Day Data Reveals Low Correlation with Treasury Yields
Analysis from CoinDesk indicates that Bitcoin's 90-day correlation with 10-year U.S. Treasury yields is only -0.17. This figure is significantly lower than that of gold, suggesting that Bitcoin is less sensitive to interest rate fluctuations than traditional precious metals.
Summaries are written by AI from the original article. Not investment advice.