“We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is reined in and the unemployment rate returns to a healthier number,” Josh Olszewicz, head of research at digital asset fund manager Valkyrie Investments, wrote in an email immediately after the speech.
Related posts
-
Bitcoin Price Under Pressure: Could The Slide Continue?
Bitcoin price extended losses and traded below the $100,000 zone. BTC is showing bearish signs and... -
‘$600M Would Buy a Lot of Bitcoin’: Microstrategy Boss Steers Bezos Wedding Drama Toward Crypto
Michael Saylor, co-founder and executive chairman of Microstrategy, brought bitcoin into the spotlight during an online... -
El Salvador Reinforces Bitcoin Allegiance: Purchases BTC in Defiance of IMF Agreement
The government of El Salvador has clarified that it will continue pushing bitcoin as part of...