ETH and Treasury Yields Strongly Correlated, Cottage Bull Market to Start at Next Rate Meeting
On 19 October, Michael van de Poppe, founder of MN Trading, stated that there is a huge correlation between ETH and Treasury yields. Initial 50 bps rate cut = ETH up 11%; Sentiment swaps + rising yields = ETH down; Cottage Coin Bull Market Expected to Start with Next Fed Meeting Rate Cut.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
State Street Global Advisors expects gold to remain an important asset allocation next year
If Bitcoin falls below $86,000, the cumulative long liquidation intensity on major CEXs will reach $514 millions.
Overview of Key Overnight Developments on December 15
SpaceX initiates IPO process, seeks advice from Wall Street investment banks