Post
Mirha Fatima
For BTC, the fall in oil prices is a good thing. When oil prices drop, inflation expectations also decline, easing the urgency for the Federal Reserve to continue raising interest rates. Recently, long-term US Treasury yields have been stuck above 5%, suffocating risk assets; the oil price decline can at least relieve some of that pressure.#FedFirst25BpsHikeSince23 #CryptoTaxAndBTCReserve #LongYields5%NewNormal
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$84,500.6-0.01%
ETH/USDTEthereum
$2,663.45-0.01%
SOL/USDTSolana
$118.01-0.02%
Today’s market buzz
1#USNFPDataCools
Hot
2#BTCETHETFOutflows
3#USTreasuryYieldsSurge
