RE: The US Federal Reserve Hikes Rates. What This Means for Forex and Crypto Markets
Good analysis, it is my view also that rate hikes will effect stock markets negatively much more than crypto markets, if anything, as money flows away from stocks I see perhaps a small percentage of it flowing into crypto. Many investors and speculators are curious about the crypto market and only a very small percentage of the money from the stock market can move the crypto market in big ways, perhaps we are already seeing some of that in the greenwards movement the last couple of days in the crypto space? That concerns stocks and digital assets with use cases, in regards to cryptocurrency I also see the currency coins doing well as I think with rate rises this time around with the sheer volume of debt and the impending interest to be paid on Trumps Twenny Trill, we will see the US Dollar weakening as the global community loses faith in the once mighty Dollar. There is a whole host of other problems the Dollar is coming up against with China finally providing an alternative... yes, it's going to take time with the Dollar being so entrenched for so long but it's happened before with every reserve currency, it will be death by a thousand cuts. It's just a matter of time.
I like this a lot man.
👌🏻.