Hi Guys,
The Federal Reserve has increased interest rates, The European Central Bank will stop QE, it seems the occidental economy is starting to grow again.
Will it benfit the cryptocurrency market in his whole or it will drain money from it toward classic investments?
what do you guys think about it?
What's your opinion/analysis?
I think that the USD value will increase and this might stabilize the bitcoin price,because most of the fiat/BTC trading is done with USD.Anyway,the economy growth makes people want more risky investments,which lead to the conclusion that they will choose cryptocurrencies and BTC as a part of their portfolios.