Dahlgaard HolmDec 29, 2021 · 3 years ago3 answers Are there any correlations between future rate hikes and the price of digital currencies?
Is there a relationship between future rate hikes, such as those conducted by central banks, and the price movements of digital currencies like Bitcoin and Ethereum? How do changes in interest rates impact the value of cryptocurrencies? Are there any historical patterns or statistical evidence to suggest a correlation between rate hikes and digital currency prices? What factors should be considered when analyzing the potential impact of rate hikes on the cryptocurrency market?