Black Wallstreet AcademyDec 16, 2021 · 3 years ago3 answers How will the fed hike news affect the value of digital currencies?
With the recent news of the Federal Reserve hiking interest rates, many people are wondering how this will impact the value of digital currencies. What are the potential effects of the fed hike on the value of cryptocurrencies? Will it lead to a decrease or increase in their value? How do digital currencies typically respond to changes in interest rates? Are there any historical precedents that can give us insights into what might happen this time?