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The Nexus
BUSINESSJul 30 · 15:11 UTCTHE BLOCKNaga Avan-Nomayo

‘Paid to wait’: Bitcoin presses toward $65,000 as Treasuries out-yield the carry trade for only second time on record

Bitcoin rose toward $65,000 as softer economic data reduced concerns over a September Federal Reserve rate hike. U.S. Treasuries briefly outperformed the carry trade for the second time on record, while Bitcoin spot trading volume remained near multi-year lows.

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BitcointopicUS TreasuryorganizationFederal Reserveorganizationcarry tradetopic$65,000topic
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‘Paid to wait’: Bitcoin presses toward $65,000 as Treasuries out-yield the carry trade for only second time on record · The Nexus