Name: Bitcoin and U.S. Real Yield Notch Strongest Inverse Correlation in Four Months
Uploaded: 2023-08-21T17:23:09.000Z
Duration: 1 min 16 s
Description: Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months. Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CD20$2,023.980.43%BTC$74,914.011.36%ETH$2,056.380.73%XRP$1.330.14%SOL$83.850.25%

Bitcoin and U.S. Real Yield Notch Strongest Inverse Correlation in Four Months | CoinDesk Videos

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CD20$2,023.980.43%BTC$74,914.011.36%ETH$2,056.380.73%XRP$1.330.14%SOL$83.850.25%

Bitcoin and U.S. Real Yield Notch Strongest Inverse Correlation in Four Months | CoinDesk Videos