Raymond WongDec 29, 2021 · 3 years ago2 answers What impact do federal funds rates have on the price of cryptocurrencies?
How do changes in federal funds rates affect the price of cryptocurrencies? Can the Federal Reserve's monetary policy decisions influence the value of digital currencies like Bitcoin and Ethereum? What is the relationship between interest rates set by the Federal Reserve and the volatility of the cryptocurrency market? Are there any direct or indirect effects of federal funds rates on the prices of cryptocurrencies?