Azim0ntDec 16, 2021 · 3 years ago6 answers How does the FOMC's decision on interest rates affect the cryptocurrency market?
What is the impact of the Federal Open Market Committee's (FOMC) decision on interest rates on the cryptocurrency market? How does the change in interest rates influence the prices and trading volume of cryptocurrencies? Are there any specific cryptocurrencies that are more sensitive to changes in interest rates? How do investors and traders in the cryptocurrency market react to the FOMC's decisions on interest rates? What are the potential short-term and long-term effects of the FOMC's interest rate decisions on the cryptocurrency market?