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20 sats \ 3 replies \ @grayruby 25 Feb \ on: 10-year Treasury yield falls to lowest since December, signals slowing economy econ
Bitcoin is the leading indicator.
You mean Bitcoin's price!
I must say I'm surprised Bitcoin's price is moving in the same direction.
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Yes, Bitcoin is a highly liquid, global, 24/7 market and unfortunately it is still traded as a risk asset. The recent pullback is telling you that investors and traders have become risk averse. Maybe due to tariffs or concerns of a slowing economy or the fed not lowering rates.
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I'm an optimist and see a big reversal from here even if the (fiat) economy goes to hell.
This time it swung a bit more, though.
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