You are viewing a single comment's thread from:RE: The Fed is almost certainly going to cut interest rates next weekView the full contextcandy49 (59)in #economy • 2 months ago Will the interest rate cuts have an effect on crypto?
It might. Remember, from the launch of bitcoin in 2009 to 2022, interest rates were around 0.25% to 0.75%. The current rate of 5.25% is very high - and it's not clear bitcoin does well in high interest rate environments.
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