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RE: Don't buy crypto until central banks stop raising interest rates.
It will be quite difficult for the central bank to dictate how the crypto world will run
It will be quite difficult for the central bank to dictate how the crypto world will run
The vast majority of the money and credit that pushed crypto asset prices up…all assets actually…was institutional money. That money is heavily influenced by how inexpensive credit is…and the Federal Reserve and central banks control the cost of credit.
That said, central bank policy is pretty much neutral about controlling crypto, especially in the United States. They care about market stability, inflation, and the unemployment rate...that's their mandate. If crypto is an integral part of that, which I think it will be, the Federal Reserve and central banks will be crypto’s best friend :)