▌How do 10-year U.S. Treasury yields affect cryptocurrency?

Cryptocurrency yields and stablecoins are part of the broader financial world, and the yield on 10-year Treasury bonds influences investor behavior, which in turn impacts the cryptocurrency market. The U.S. dollar is the world's reserve currency, and U.S. Treasuries are a global safe haven; changes in the yield of 10-year U.S. Treasury bonds can trigger shocks worldwide. For cryptocurrency investors, this global impact sets the stage. Rising 10-year Treasury yields may signal that cryptocurrency prices and yields will face a more challenging market environment, especially during times of global market turmoil. Conversely, low yields often stimulate risk appetite, thereby boosting speculative assets like cryptocurrencies. #加密概念美股 $BTC