Digital Assets Morning Call: June 7, 2022 ☕ 📰
Higher US yields pressure crypto; US legislation on crypto regulation
Jun 9, 2022
↘️ US yields are back on the rise, creating headwinds for crypto token prices
↘️ The US Senate will introduce bill to overhaul crypto regulations
Long term US yields are back on the rise, and that is a development that crypto markets should monitor. The 10-year US Treasury yield has risen over 30bp in the past week-plus and pushed back above 3.0%.
Read the full report here: alt5sigma.com/digital-assets-morning-call-june-7-2022
