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CoinGape 2023-10-20 07:00:11

Elevated US Treasury Yield Is Hurting Ethereum More Than Bitcoin, Here’s Why

As the 10-year US Treasury Yield hits the highest levels since 2007 impacting risk-ON assets like equity and crypto. However, a close analysis reveals that the surge in Treasury yield has impacted the world’s second-largest crypto Ethereum more than Bitcoin. Ethereum Underperforms US Treasury Yields Ethereum offers crypto investors the opportunity to earn staking rewards The post Elevated US Treasury Yield Is Hurting Ethereum More Than Bitcoin, Here’s Why appeared first on CoinGape .

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