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BTC $64,815.14 +1.45%
ETH $1,924.98 +1.11%
BNB $591.05 +3.67%
XRP $1.08 +0.94%
SOL $74.48 +1.68%
TRX $0.3287 +0.92%
DOGE $0.0704 +0.80%
ADA $0.1699 +4.08%
BCH $216.21 +3.88%
LINK $8.46 +2.50%
HYPE $55.61 +3.87%
AAVE $98.79 +3.18%
SUI $0.6955 +1.53%
XLM $0.1721 +0.59%
ZEC $472.60 +1.88%

Pythagoras Investments Capital Formation Director: The recent decline in Bitcoin is mainly attributed to the macro outlook on interest rates and the rise in government bond yields

2024-04-03 13:39:34
Collection

ChainCatcher news, Pythagoras Investments Capital Formation Director Semir Gabeljic stated that Bitcoin's drop to $65,000 is primarily attributed to the recent macro outlook on interest rates and rising government bond yields, as a higher interest rate environment typically reduces investors' risk appetite.

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