BTC hit a new all-time high against the BlackRock US Treasury Bond ETF

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Golden Finance reported that, according to Van Straten data, BTC hit a record high against the iShares 20+ Year Treasury Bond ETF (TLT) last week as BTC approached its historical high of over $73,000 in March, with its trading price reaching 800 times the value of TLT. This number is higher than the 466 times BTC reached its peak in November 2021. BlackRock's long-term US Treasury ETF (TLT) has fallen 8% year to date, while BTC has pumped 55%. Analyst Van Straten said the lack of price pump incentive may be the reason, with TLT's total assets at $60 billion. Relative performance may indicate that investors may shift some of their portfolio from long-term US Treasuries to BTC.

BTC-2.27%
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GateUser-5aa97e22vip
· 2024-11-05 01:38
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GrandmaTaiBlessesMeWvip
· 2024-11-05 00:53
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FengBaobaovip
· 2024-11-05 00:14
Latest price news from Ordinals, ORDI's real-time price has pumped 3.51% to $30.743, with a volume of $110 million. Analysis from the Candlestick Chart shows that it is currently in a oscillating trend. Compared to a slight pump at 21:00, a slight decline compared to 20:00, and a decrease compared to 19:00. A decrease in price but a rise in volume usually indicates increased dumping pressure, with sellers actively dumping. This may be due to a pessimistic outlook on future prices in the market or negative news causing panic dumping. In this case, future prices may continue to decline as there is significant selling pressure and market sentiment is pessimistic. Investors should be cautious about whether the price will fall below key support levels. If support levels are breached, it may lead to a larger decline.
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Nayjaleuvip
· 2024-11-04 22:33
Will btc reach 100 k? that is the question, tomorrow will be an important day for the markets around the world, there will be volatility and maybe it will take some clear direction.
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