Phyrex
Phyrex|May 06, 2025 17:26
What I said may not be correct, but based on the data, the 10-year US Treasury bond auction sold $42 billion. Compared to the US stock market, the volume of BTC is still too low. Even if investors or institutions need to divert funds from the risk market to safe haven assets, the first thing to liquidate will not be the small volume of Bitcoin, but the larger volume of US stocks. Therefore, I personally believe that this is one of the reasons why the US stock market fell and BTC did not follow suit.
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