How Fed's Rate Hike affects Crypto Market Sentimentby@milanavalmont
350 reads

How Fed's Rate Hike affects Crypto Market Sentiment

tldt arrow
Read on Terminal Reader
Read this story w/o Javascript

Too Long; Didn't Read

The Federal Reserve plays a huge role in keeping the economy stable and keeping inflation under control. With inflation reaching dangerously high levels in 2022, the Fed is facing one of its most difficult problems in decades. Experts believe that future interest rate hikes will severely constrain the US economy, which has endured two straight quarters of negative GDP this year and is either in or on the edge of a recession. If the stock market falls as a result of another rate rise, the crypto market would most certainly fall as well – and vice versa.

Coin Mentioned

Mention Thumbnail
featured image - How Fed's Rate Hike affects Crypto Market Sentiment
Milana Valmont HackerNoon profile picture

@milanavalmont

Milana Valmont


Receive Stories from @milanavalmont


Credibility

react to story with heart

RELATED STORIES

L O A D I N G
. . . comments & more!
Hackernoon hq - po box 2206, edwards, colorado 81632, usa