"we potentially going to have to see higher rates later on so the 10e rallied and of course that's bearish Force risk assets people are moving into bonds again 10year rallied which means that equity is also sold off and Bitcoin is of course increasingly within this uh risk on bucket so that's why Bitcoin fell"
By Coin Bureau | December 23, 2024 | Pending
From video
Crypto News: BTC's ATH & Fall!! XRP, HYPE, PENGU & FOMC SHOCK!! 00:07:18 - 00:07:35
Interpreted Prediction
Higher long-term interest rates (10-year Treasury yield rally) will be bearish for risk assets, including Bitcoin, causing it to fall as people move into bonds.

Prediction Details

Ticker
Initial Price
94,775.05 USD

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