Post
Topic
Board Speculation (Altcoins)
Re: global stock markets are under bearish pressure
by
blockman
on 29/08/2022, 09:11:40 UTC
My question is will this have any impact on cryptocurrency projects
To the entire market, it did. Every time there's a result or news about the FED, the market reacts so much. And it's not only with the crypto market but also with the other markets.
Those traditional markets are also making their reactions and these are being played by the big players or whales. They know so much to the market that every single piece of news related to the FEDs, there's always this equal reaction to it and the same goes for the crypto market.