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

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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