Investment banking giant Bank of America's latest take on the U.S. Treasury market is arguably the most important thing for investors in both bitcoin and traditional markets.
Historically, oversold Treasury notes have presaged major volatility explosions in various corners of the global financial markets, including cryptocurrencies, according to BofA Securities. U.S. Treasury notes look oversold, indicating potential for volatility in financial assets, including cryptocurrencies
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: