SherryDec 30, 2021 · 3 years ago9 answersHow will the next increase in the federal interest rate affect the prices of cryptocurrencies?
With the next increase in the federal interest rate looming, many cryptocurrency investors are wondering how this will impact the prices of cryptocurrencies. What are the potential effects of a higher federal interest rate on the cryptocurrency market? Will it lead to a decrease in prices or could it potentially drive prices up? How do cryptocurrencies typically respond to changes in the federal interest rate? Are there any historical examples or patterns that can provide insights into what might happen in the future?
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