Elizabeth TertseaDec 27, 2021 · 3 years ago2 answersHow does a 50 bps increase in interest rates affect the value of cryptocurrencies?
What is the impact of a 50 basis point (bps) increase in interest rates on the value of cryptocurrencies? How does this change in interest rates affect the overall market sentiment towards cryptocurrencies? Are there any specific cryptocurrencies that are more sensitive to interest rate changes than others? How do investors typically react to such interest rate changes in relation to their cryptocurrency investments? Is there historical data or research available that shows the correlation between interest rate changes and cryptocurrency price movements?
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