Indirect Bidder Percentage

Share of accepted bids at the latest Treasury auction taken by indirect bidders (often foreign central banks and asset managers). Higher values indicate strong foreign / institutional sponsorship.

Category: macro. Macro economic indicators track monetary policy, liquidity conditions, and traditional market positioning. Changes in these metrics often lead Bitcoin price moves by days or weeks.

API: GET /api/metrics/indirect-bidder-pct

Used in briefings: Treasury Auction Calendar and Dynamics

View all metrics | Browse briefings