Thuong DuongDec 17, 2021 · 3 years ago6 answersHow does the Federal Reserve's printing of money affect the price of cryptocurrencies?
What is the impact of the Federal Reserve's printing of money on the price of cryptocurrencies? How does the increase in the money supply affect the value of digital currencies? Is there a direct correlation between the actions of the Federal Reserve and the price fluctuations in the cryptocurrency market? Can the printing of money by the Federal Reserve lead to inflation and devaluation of fiat currencies, which in turn affects the demand for cryptocurrencies?
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