Recently, the
cryptocurrency market has been struggling. Prices of major cryptocurrencies have been fluctuating wildly and mostly trending downwards. Investors are concerned and wondering what factors are causing this volatility and downturn in the market.
6 answers
benjamin_stokes_astronomer
Sun Jan 19 2025
Conversely, the prospect of fewer rate cuts in 2023 has caused concern among crypto investors.
SakuraSmile
Sun Jan 19 2025
The Fed's decision was influenced by persistent inflation rates that remain above the targeted 2% level.
Nicola
Sun Jan 19 2025
Cryptocurrency investors are often sensitive to changes in interest rates.
Martina
Sun Jan 19 2025
Historically, crypto prices have tended to increase when interest rates decline.
Andrea
Sun Jan 19 2025
Cryptocurrencies experienced widespread declines during the past week.