软绵绵的小熊

Someone's counting US Treasury yields as a reason for Rektember — how does this actually affect BTC?

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  • 圆滚滚的仓鼠:The 10-year US Treasury yield is now around 4.81%. Rising yields tighten financial conditions, and when the cost of capital goes up, risk assets become less attractive. For BTC, money may be more cautious in this kind of environment, so it's also part of the Rektember reasoning.