Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009.
to inflation – the non-seasonally adjusted U.S. city average of all items consumer price index for all urban consumers. The Bureau of Labor Statistics publishes the data. The yield on these securities is called real or inflation-adjusted yield.
The 30-day negative correlation between BTC and the real yield is now at its strongest since April.
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