Bitcoin and U.S. Real Yield Notch Strongest Inverse Correlation in Four Months

By coindesk.com August 22, 2023 In Bitcoin, Staking

Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months. Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009. CoinDesk’s Jennifer Sanasie presents “The Chart of the Day.”

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Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months.

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