Rohith GantaDec 28, 2021 · 3 years ago5 answers How will the increase in interest rate affect the value of digital currencies?
With the recent increase in interest rates, many investors are wondering how this will impact the value of digital currencies. How does the rise in interest rates affect the demand and price of cryptocurrencies? Will it lead to a decrease in their value or will it have a positive effect? What are the factors that come into play when considering the relationship between interest rates and digital currencies?