Post
Topic
Board Bitcoin Discussion
Re: Can Interest Rate Rise Affect the Price of Bitcoin?
by
ahmedjamal1998
on 25/10/2017, 23:32:34 UTC
In the UK, the fall in the pound, which picked up recently, has had a major impact on inflation, which hit 3% this month.
How can inflation and rise in interest rate affect the price of Bitcoin?

Why do you think everything has an effect of the price of bitcoins ?
There is nothing to do between both of them as they have nothing in common. They are two separate economical systems.

Even if that interest rate is so big that people start looking for other forms of investments, the number of people who would go for bitcoins and crypto in general won't be big as they're looking for something that has stable value and an almost constant price increase.
 
So something like real estate would be much better for them.
So no, whatever happens the effect won't be recognizable.