US Yield Spread Nears 2021 Peak: Potential Bitcoin Price Impact?
The Bitcoin price may face pressure as markets anticipate a continued increase in long-term yields. According to reports, this rise is driven by economic deficits, especially in Japan. The US yield spread reaching highs last seen in 2021 could signal challenges for BTC as investors react to macroeconomic factors. The development suggests a possible correlation between traditional financial indicators and the cryptocurrency market.
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