The news from the FED continues to greatly affect the crypto market.

in LeoFinance2 years ago

Greetings to all readers of this great platform, especially to all readers of the great community of #LeoFinance, in the present opportunity I want to share with you information related to what was so much expected regarding the FED, and it was the information that was going to be issued concerning interest rates and economic recession, which can always affect the crypto market and thereby delay the recovery of this economy guided by the BTC.


Screenshot taken at: PixaBay

In the course of the year 2022, the reality is that most of the world news has been affecting the crypto market, besides that it was coming from 1 full year in bullish run, so it was his turn to grab oxygen and make its relevant correction, taking into consideration that it was already the corresponding year, investors capitalized and the amount of bad economic news worldwide has affected it greatly and constantly avoiding consolidating a zone.

The increase in interest rates continues, it is the increase that was expected, but now well they decided to extend the time of these interest, because it is expected that the remainder of the year, added to the year 2023 and 2024 will be the time of economic recovery, so they expect a recovery for 2025, on the other hand, can we think that this will affect the crypto market? Of course it can affect, but it will not be a crypto recession that will last as long as the Fed's behavior.

There are many factors that have the crypto market in correction, the main of it are the periods of it, in which we are in a year of correction that were added more factors that have not let consolidate an area to start a recovery, these factors range from the war and COVID, to the news of the FED and its increase in interest rates where people tend to invest in loans in Fiat money, looking to have a continuous income and without volatility, with the solution of some drawbacks the market will begin its eminent recovery.





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