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June 13, 2022, 05:39:01 PM |
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I do not think that the rate hikes are temporary, in the Government they take ages to actually agree to even such rates and therefore it would not be a temporary decision it would go on for a while but fed rates hike is only good for people who are : 1. Living in a country which is not so good for cryptocurrencies like bitcoins 2. Have amazing amount of money so they can secure good investments according to new rates This is not a deal for traders or even for people who are holding a small amount of money in cryptocurrencies it won't bring up good fortune the moment you move your Money so the real investors are still there and waiting for the price to go even more low.
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