U.S. Treasury Yields Outperform Cryptocurrency Carry Trades, Market Remains 'Indifferent' - Glassnode

2026/07/30 13:54 (Updated 2026/07/30 18:01)

CoinPost

Written by A.Yamada

U.S. Treasury Yields Outperform Cryptocurrency Carry Trades, Market Remains 'Indifferent' - Glassnode

Institutional Market Participation Stalls

On-chain analytics firm Glassnode released its weekly report on the cryptocurrency market on the 29th. Spot trading volumes are at their lowest since 2019 based on the number of Bitcoins traded, with inactive inflows and outflows to and from exchanges, and a thinning order book on the sell side.

Notably, U.S. Treasury yields have been outperforming cryptocurrency carry trades, deterring potential new buyers from purchasing cryptocurrencies and opting to hold onto cash instead...

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Iolite Vol.21

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