Crypto Markets Could Crash Could Crypto Markets Crash Further During Economic Turmoil?

Could Crypto Markets Crash Further During Economic Turmoil?

– A new inflation report for the US was released yesterday, and it showed that inflation is at a four-decade high.

– The immediate effect of this news was that the markets tanked, because it is expected that the Fed will respond with more aggressive rate hikes.

– There is a possibility that the Fed will raise interest rates by one percent at their next meeting, which would be an unprecedented move.

– If this happens, it could lead to a crash in the market, because it would signal the full severity of the economic maelstrom we find ourselves in.

– In the short to medium term, there are many headwinds facing the markets, including the bankruptcy of Voyager and the Celsius Network, and the ongoing Three Arrows Capital saga.

 

 

Crypto Markets Could Crash Could Crypto Markets Crash Further During Economic Turmoil?
Could Crypto Markets Crash Further During Economic Turmoil? 3

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