ETH and Treasury Yields Strongly Correlated, Cottage Bull Market to Start at Next Rate Meeting
On 19 October, Michael van de Poppe, founder of MN Trading, stated that there is a huge correlation between ETH and Treasury yields. Initial 50 bps rate cut = ETH up 11%; Sentiment swaps + rising yields = ETH down; Cottage Coin Bull Market Expected to Start with Next Fed Meeting Rate Cut.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 86,800 SOL transferred to a certain exchange, worth approximately $11.95 million
In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.