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1 week ago
Educational Byte: What Are Fed Rates and Why Do They Affect Crypto Prices?
Crypto is just another asset in this financial ocean, and it moves with the tide. Central banks still have enough power to heavily influence global money conditions. In periods of low rates, investors feel bolder and lean toward riskier assets. On the contrary, when rates go up, people seek safer assets.
Source: HackerNoon →