The post Crypto Analyst Highlights BTC Risk From Macro Factors appeared first on Coinpedia Fintech News

Crypto analyst Chang reveals that while the BTC is going strong, macroeconomic factors might threaten it. He claims that rising bond yields could pose a bitcoin risk. Chang expects the yield to remain volatile in June with a strong correlation between Bitcoin and stocks. Traditional market analysts say a move above 4.7% in yields could inject volatility into stock markets. The Hardening government bond yields may pose a risk to risk assets, including cryptos. Traders closely await the PCE price index, which will be released today. Chang has claimed that if the data beats expectations, people will not buy risk assets.