Matthew MungerJan 01, 2022 · 3 years ago8 answers What are the implications of FOMC rate hikes on the cryptocurrency market?
How do the rate hikes by the Federal Open Market Committee (FOMC) affect the cryptocurrency market? What are the potential consequences and impacts of these rate hikes on the prices and trading volumes of cryptocurrencies? Are there any specific cryptocurrencies that are more susceptible to these rate hikes? How do investors and traders in the cryptocurrency market typically react to FOMC rate hikes? Are there any strategies or precautions that cryptocurrency market participants can take to mitigate the effects of these rate hikes?