saksham chahalDec 17, 2021 · 3 years ago3 answers What impact do Fed's interest rate decisions have on the price of digital currencies?
How do the interest rate decisions made by the Federal Reserve (Fed) affect the price of digital currencies? What is the relationship between the Fed's interest rate decisions and the value of cryptocurrencies? Are there any specific factors or mechanisms that link these two? How does the market typically react to changes in interest rates set by the Fed? How does the Fed's monetary policy influence the demand and supply dynamics of digital currencies?