How does the FOMC impact the value of digital currencies?

1 answers

• Nov 26, 2021 · 3 years ago
  At BYDFi, we believe that the FOMC's decisions can have both short-term and long-term effects on the value of digital currencies. In the short term, market reactions to FOMC announcements can be volatile and unpredictable. However, in the long term, the FOMC's monetary policy can shape economic conditions that can impact the value of digital currencies. As a digital currency exchange, we closely monitor the FOMC's decisions and their potential impact on the market. It is important for digital currency investors to stay informed about the FOMC's actions and consider their potential implications for their investment strategies.
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