How do the Fed's new policies impact the cryptocurrency market? ---Analysis of FOMC statement in January
On January 26, The Federal Open Market Committee, a committee within the Federal Reserve System issued a statement that it would end tapering in early March, and then start raising interest rates and reducing the size of the Fed's balance sheet. This reflects a complete turnaround and a likely end to the loose monetary policies of the past two years. Both the US stock market and the crypto market fell slightly in response to this statement, indicating that it was in line with market expectations. However, markets still ended up disappointed. What’s the reason behind this? Let's take a look at the Fed statement more closely.
Huobi Research2022/02/18 04:51