Dr. Mansi BansalDec 30, 2021 · 3 years ago2 answers How does the Federal Reserve's interest rate policy affect the value of digital currencies?
Can you explain how the interest rate policy of the Federal Reserve impacts the value of digital currencies? I'm particularly interested in understanding the relationship between interest rates and the value of cryptocurrencies like Bitcoin and Ethereum. How do changes in interest rates affect investor sentiment and the overall demand for digital currencies?