Analysis: ETH and Treasury yields are strongly correlated, and the altcoin bull market will start from the next interest rate meeting

BlockBeats news, on October 19, MN Trading founder Michael van de Poppe said that there is a huge correlation between ETH and Treasury yields. An initial rate cut of 50 basis points = ETH rose 11%; sentiment swap + rising yields = ETH fell; it is expected that the altcoin bull market will start with the next Fed meeting rate cut.