Will interest rates stay high if bitcoin retreated?
Could you please elaborate on the possible scenario where interest rates remain elevated even if bitcoin experiences a significant pullback? I'm curious to understand how the performance of cryptocurrencies, specifically bitcoin, might potentially influence the decision-making process of central banks and monetary authorities in terms of maintaining high interest rates. Additionally, are there any economic indicators or factors that you believe are more significant in determining the trajectory of interest rates, regardless of the fluctuations in the bitcoin market? Thank you for your insights.