Bitcoin and The 3.5% Yield Problem
In tonight’s video, we dive into why bitcoin may encounter a problem moving forward based on the sentiment of hedge fund managers and investors across the board. If the Yield rises towards the 3.5-4% zone it would mean investors would be seeking more value-based stocks. Is Bitcoin a value-based asset? Now if they start taking their money out of tech stocks, well, we know bitcoin likes to follow Nasdaq and SP 500 so naturally, we would expect some downside movement from this.
#bitcoin #crypto #trading
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I’m a journalist who specializes in investigative reporting and writing. I have written for the New York Times and other publications.