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Cryptocurrencies: 29408
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Cryptocurrencies: 29408
Markets: 111409
Market Cap: $2,170,278,308,691     
24h Vol: $63,599,240,693
Bitcoinist 2023-02-01 01:00:53

Why It Could Be Disastrous For Crypto If The Fed Raises Interest Rates By 50 BPS

Why It Could Be Disastrous For Crypto If The Fed Raises Interest Rates By 50 BPS
The crypto and legacy markets could see a spike in volatility in a few hours. Jeremy Siegel, the Wharton School of Business Professor, told CNBC’s ‘Closing Bell: Overtime’ that “it will be a disaster” if the United States Federal Reserve (FED) increases rates by 50 basis points on February 1, 2023. Related Reading: Bitcoin For
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