BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Fed Influencing Crypto Market in Efforts to Reduce Inflation Rates

by BlockNews.com Team
June 17, 2022
in Crypto, Politics
A A
Fed Influencing Crypto Market in Efforts to Reduce Inflation Rates
1
SHARES
Share on TwitterShare on Reddit

This year more than ever, the Federal Reserve has asserted its authority over the crypto market. 

“What the Fed is forcing the markets to do is flush out all areas of froth,” iCapital Chief Investment Strategist Anastasia Amoroso said on Yahoo Finance Live, “I am not calling all areas of crypto froth, but in a market that continued to trend up there were structures upon structures and derivatives upon derivatives that built up on average coins. So it’s starting a flush out in very important parts of crypto. I think that is a good thing.”

The Fed has taken a toll on the crypto market as a whole, taking a stance on soaring inflation via recent interest rate hikes. 

As consumers flock to safety, out of the crypto markets, Bitcoin fell below $22,000 earlier this week, along with the entire crypto market falling below $1 trillion. It was around $3 trillion during the winter of last year. 

Major crypto exchanges are also being hit hard, with Coinbase, Crypto.com, and Blockfi announcing mass employee lay-offs, and other companies freezing hiring in response to turbulent market conditions

Morale surrounding whether Bitcoin will hit $1 million by the year 2030 is low, an idea that was championed earlier this year by numerous crypto figureheads. 

“No,” 22V Research founder Dennis Debusschere told yahoo, “We are in an environment where the Fed is tightening financial conditions, and in a tighter financial conditions backdrop speculative assets like bitcoin are going to get hit.”

Debusschere added that bitcoin “has not done the job of hedging like it was advertised to do.”

Tags: FEDinflation
TweetShareShare

DON'T MISS THESE! HOT OFF THE PRESS

XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?
Crypto

XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?

June 5, 2025
Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000
Crypto

Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000

June 5, 2025
Elon Musk Calls for Trump’s Immediate Impeachment
Finance

Elon Musk Calls for Trump’s Immediate Impeachment

June 5, 2025
Bitcoin Whales Trigger Record Breaking Sell-Off After Price Surge: Is Now the Time to Take Profits?
Bitcoin

Bitcoin Whales Trigger Record Breaking Sell-Off After Price Surge: Is Now the Time to Take Profits?

June 5, 2025
Chaos Erupts Over Unapproved Trump-Branded Crypto Wallet: Here is the Truth
Crypto

Chaos Erupts Over Unapproved Trump-Branded Crypto Wallet: Here is the Truth

June 5, 2025
Tesla TSLA Stock Records Worst Day Since 2020 Following Trmup-Musk Public Melt Down
Finance

Tesla TSLA Stock Records Worst Day Since 2020 Following Trmup-Musk Public Melt Down

June 5, 2025
Load More

Related News

How a $1K SHIB Investment Outpaced Bitcoin’s Returns

How a $1K SHIB Investment Outpaced Bitcoin’s Returns

June 6, 2025
Gold Miner’s Announce Transition to Bitcoin: Sends Stock Soaring 60 Percent

Gold Miner’s Announce Transition to Bitcoin: Sends Stock Soaring 60 Percent

June 6, 2025
XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?

XRP Charts Paint a Bullish Picture — Could $3 Be on the Table?

June 5, 2025
Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000

Here are the Biggest Hurdles Ethereum ETH Needs to Overcome to Hit $3,000

June 5, 2025
Elon Musk Calls for Trump’s Immediate Impeachment

Elon Musk Calls for Trump’s Immediate Impeachment

June 5, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.