Analyst: Risk aversion caused by macroeconomic uncertainty may put pressure on cryptocurrencies in the near future

BlockBeats news, on March 7, Noelle Acheson, a crypto macro analyst, said, "The interest rate difference between the yield of the 10-year treasury bond bond and the yield of the three-month treasury bond bond turned negative again, leading to the upside down of the yield curve, suggesting that the U.S. economy may fall into recession, that is, the U.S. gross domestic product (GDP) contracted for two consecutive quarters. This is usually not a good signal. We are still dealing with the competition between different narratives - on the one hand, due to macroeconomic uncertainty, safe haven sentiment may put pressure on Bitcoin (BTC) and other cryptocurrency assets for a period of time. On the other hand, the narrative of 'safe haven' is strengthening, and the positive news from the White House further highlights the astonishing shift in official attitudes （CoinDesk）