How Will Crypto Market React To The FED Rate Hike?

The post How Will Crypto Market React To The FED Rate Hike? appeared first on Coinpedia Fintech News The rise in interest rates, high inflation, and growing energy costs will […]

The post How Will Crypto Market React To The FED Rate Hike? appeared first on Coinpedia Fintech News
The rise in interest rates, high inflation, and growing energy costs will likely reduce consumers’ purchasing power, as they will have less disposable income. This situation will substantially impact the cryptocurrency market, as consumers may become less inclined to invest in digital currencies. The decrease in demand can lead to a decline in the value …