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Crypto Prune > Market > US interest rates
Market

US interest rates

8 months ago 1 Min Read

As expected, The US dollar interest rate remains at 4.5% per year.

Now, the market will pay attention to the speeches that US Federal Reserve President Jerome Powell gives in the next few minutes.

If the paper shows that there may be a fee feature in the next month of this year, it will be bullish on the prices of Bitcoin (BTC), cryptocurrency and stocks.

As explained in the Education section of Cryptocurrency, low interest rates favor investment in unstable assets, as the cost of loans is reduced and the performance of treasure debt is reduced.

See also  Bitcoin has fallen in love with $90,000, what will happen next?
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