Bitcoin And Crypto Poised To Skyrocket As Endgame Of US Policy Nears: Analyst | Headlines | News | CoinMarketCap
10/10/2023 17:40
The intricacies of US monetary policy have been placed under the microscope by Jordi Alexander, CIO of Selini Capital, who today offered an incisive …
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Published on October 10, 2023 10:30 GMT+00:00edited on October 10, 2023 10:34 GMT+00:00
The intricacies of US monetary policy have been placed under the microscope by Jordi Alexander, CIO of Selini Capital, who today offered an incisive analysis of the potential ripple effects these policies may have on the Bitcoin and crypto market. Drawing correlations between traditional financial mechanisms and the nascent digital asset landscape, his commentary elucidates a series of complex market dynamics that every investor should be aware of.
At the crux of Alexander’s argument is his observation that the Federal Reserve’s approach to handling current economic conditions might be nearing an inflection point. As reported by NewsBTC, there are growing concerns in the bond market. Bonds with maturities exceeding 10 years have seen a decline of 46% from their highest value in March …