Analysis: ETH and Treasury yields are strongly correlated, and the bull market for counterfeit products will start from the next interest rate meeting
Michael van de Poppe, founder of MN Trading, said that there is a huge correlation between ETH and Treasury yields. Initial rate cut of 50 basis points = ETH up 11%; Sentiment swaps + rising yields = ETH down; Expect the bull market of counterfeit products to start with the next Fed meeting rate cut.