Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Seeking Alpha 2022-05-04 15:44:04

Crypto And The Fed: Is This The Market To Watch

Is the price of crypto facing a drop as the Federal Reserve moves to tighten up on monetary policy to fight inflation.The boom in crypto prices took place at the same time that the Fed was pumping trillions of dollars into the financial system to avoid a pandemic-caused financial downturn.As a consequence, a bubble-like rise in the price of Bitcoin took place as asset prices rose throughout the economy as a result of the Fed's largesse.Now, things are moving in the opposite direction and this could result in a substantial decline in the price of Bitcoin.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.