Pythagoras Investments Capital Formation Director: Bitcoin's pullback is mainly due to the recent macro outlook for interest rates and rising Treasur
Semir Gabeljic, Director of Capital Formation at Pythagoras Investments, stated that the recent decline in Bitcoin to $65,000 is mainly due to the macroeconomic outlook on interest rates and rising bond yields. A high interest rate environment typically lowers investors' risk appetite.
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.
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