“What we started seeing when BTC didn’t drop along with the jump in DXY and U.S. yields was the beginning of strong inflows – there was buying pressure offsetting the usual sell pressure, and that seems to be picking up,” Noelle Acheson, author of the popular Crypto Is Macro Now newsletter, told CoinDesk.
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CoinDesk – https://www.coindesk.com/markets/2024/02/16/bitcoins-latest-rally-is-different-as-btc-rises-alongside-us-dollar-and-treasury-yields/?utm_medium=referral&utm_source=rss&utm_campaign=headlines