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US Treasury yield rises while Gold takes a hit after weak US data; Could Bitcoin price suffer too?

The benchmark 10-year US Treasury Bond yield continued its recovery on Tuesday, rising by nearly 8% in the last eight days. Gold, on the other hand, fell below $1,950, testing the 100-day EMA as support. Bitcoin price currently shares a negative correlation with the precious metal, giving it room to stay afloat during difficult market […] The post US Treasury yield rises while Gold takes a hit after weak US data; Could Bitcoin price suffer too? appeared first on ForexTV... Read More
Posted: Aug 1 2023, 18:59
Author Name: forextv
Views: 110796

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