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ETH and Treasury Yields Strongly Correlated, Cottage Bull Market to Start at Next Rate Meeting

ETH and Treasury Yields Strongly Correlated, Cottage Bull Market to Start at Next Rate Meeting

Bitget2024/10/18 18:28


On 19 October, Michael van de Poppe, founder of MN Trading, stated that there is a huge correlation between ETH and Treasury yields. Initial 50 bps rate cut = ETH up 11%; Sentiment swaps + rising yields = ETH down; Cottage Coin Bull Market Expected to Start with Next Fed Meeting Rate Cut.

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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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