Fed pauses interest rates, but Bitcoin options data still points to BTC price downside By Cointelegraph

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‘s worth has been pinned beneath $26,300 since June 10, reflecting a 14.8% correction in two months. In the meantime, the Nasdaq tech inventory market index gained 13.6% in the identical interval, indicating that traders usually are not precisely fleeing to the security of money and short-term debt. In actual fact, the demand for United States authorities bonds has been declining for the previous six weeks.

The yield on two-year U.S. Treasurys, for instance, elevated from 3.80% on Might 4 to 4.68% on June 14. Decrease demand for debt devices will increase payouts, leading to a better yield. If the investor thinks that inflation will proceed above goal, the tendency is for these members to demand a better yield when buying and selling bonds.

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