Cryptocurrency Q&A Does Fed affect crypto?

Does Fed affect crypto?

EnchantedSeeker EnchantedSeeker Wed Jan 08 2025 | 5 answers 1515
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. Does Fed affect crypto?

5 answers

Davide Davide Fri Jan 10 2025
Cryptocurrencies are widely perceived as a high-risk investment option.

Was this helpful?

46
42
Sara Sara Fri Jan 10 2025
Their value often increases when the Federal Reserve reduces interest rates.

Was this helpful?

386
34
Giulia Giulia Fri Jan 10 2025
Any indications that the central bank may ease the monetary cutting cycle can potentially dampen the enthusiasm for cryptocurrencies.

Was this helpful?

356
68
Raffaele Raffaele Thu Jan 09 2025
This is because investors may become cautious about the future prospects of digital assets.

Was this helpful?

381
55
alexander_jackson_athlete 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.

Was this helpful?

346
86

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts