I'm wondering if the Federal Reserve, commonly known as the Fed, has any influence on the cryptocurrency market. I want to understand if there's a correlation between the Fed's policies and the performance of crypto assets.
5 answers
Davide
Fri Jan 10 2025
Cryptocurrencies are widely perceived as a high-risk investment option.
Sara
Fri Jan 10 2025
Their value often increases when the Federal Reserve reduces interest rates.
Giulia
Fri Jan 10 2025
Any indications that the central bank may ease the monetary cutting cycle can potentially dampen the enthusiasm for cryptocurrencies.
Raffaele
Thu Jan 09 2025
This is because investors may become cautious about the future prospects of digital assets.
alexander_jackson_athlete
Thu Jan 09 2025
If Jerome Powell, the chairman of the Federal Reserve, suggests that the bank will pause rate cuts in the coming year, it could further affect the cryptocurrency market.