Bitcoin Faces a New Macro Test as Crypto Fund Inflows Slow
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TLDR: Digital asset funds attracted $11.1 billion since mid-July, but weekly inflows have slowed. The 10-year Treasury yield topped 5.3%, while the 30-year yield reached 5.7%. October rate-hike odds fell to 23% from 71% three weeks earlier. CoinShares says sustained fund inflows could reveal whether fiscal concerns strengthen Bitcoin demand. CoinShares says the Bitcoin bond [...]
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Source: Source: Blockonomi