Bitcoin’s Poor Start to the Rate-Hike Cycle is Worrisome
May 10, 2022
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1:11Now PlayingBitcoin’s Poor Start to the Rate-Hike Cycle is Worrisome
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as posted by the channelSince the Federal Reserve launched the US economy into a cycle of interestrate increases, the impact on Bitcoin has not been promising, losing 35% of its value in 2022. Is the Fed’s actions exposing a particular weakness of the cryptocurrency, or is Bitcoin experiencing the typical vulnerability of nonyielding assets in a ratehike climate? Presented by @cmegroup
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