CryptossorCryptossor
  • Home
  • News
    • Global
    • Bitcoin
    • DeFi
    • Cryptocurrency
    • Economy
  • Technology
  • Contact
Facebook Twitter Instagram
Subscribe
CryptossorCryptossor
Twitter
  • Home
  • News
    1. Global
    2. Bitcoin
    3. DeFi
    4. Cryptocurrency
    5. Economy
    6. View All

    Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals

    Mayıs 18, 2023

    Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards

    Mayıs 18, 2023

    EU Council Adopts New Rules for Europe’s Crypto Markets

    Mayıs 18, 2023

    BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies

    Mayıs 18, 2023

    Bitcoin Billionaire: This Platform Could Crash! But Like FTX..

    Ocak 11, 2023

    Tomorrow is Critical Day for Bitcoin: 5 Analysts Are Waiting For These!

    Ocak 11, 2023

    2 Important Charts Say ‘Buy’ This Cryptocurrency!

    Ocak 11, 2023

    Major Cryptocurrency Exchange Announces: Terminating!

    Ocak 11, 2023

    Defrost Finance Team Calls Rug Pull Claims Slander

    Aralık 30, 2022

    Arab Bank Switzerland Presents 10 DeFi Tokens to Customers

    Ocak 7, 2022

    Celsius Network Confirms They Lost Money In BadgerDAO DeFi Attack

    Aralık 3, 2021

    SEC Chairman Gary Gensler Speaks About DeFi

    Aralık 1, 2021

    Bitcoin Price Predictions for 2023 from the Professionals

    Ocak 11, 2023

    Why Is Bitcoin Price Rising? Will the Ascension Continue?

    Ocak 11, 2023

    Iceberg Capital Launches $1 Billion Fund with Venom Foundation

    Ocak 11, 2023

    What is Flare (FLR)? Flare Token Price and Comment

    Ocak 11, 2023

    The end of the road has appeared for the Plus model of the Samsung Galaxy S series! So what’s the reason?

    Ocak 11, 2023

    Mortgage applications increase in the USA, interest rates decrease

    Ocak 11, 2023

    The expectation for the future of the economy is getting worse: The rate of those who have negative expectations about the economy has increased from 50 percent to 71 percent.

    Ocak 11, 2023

    Economists hope lifting of China’s COVID bans will boost 2023 growth better than expected

    Ocak 11, 2023

    Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals

    Mayıs 18, 2023

    Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards

    Mayıs 18, 2023

    EU Council Adopts New Rules for Europe’s Crypto Markets

    Mayıs 18, 2023

    BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies

    Mayıs 18, 2023
  • Technology
  • Contact
CryptossorCryptossor
Home»Bitcoin»Famous Billionaire: This Development Could Dump Bitcoin and Altcoins!
Bitcoin

Famous Billionaire: This Development Could Dump Bitcoin and Altcoins!

cryptossorBy cryptossorKasım 25, 2021Yorum yapılmamış2 Mins Read
Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email
Share
Facebook Twitter Pinterest Reddit WhatsApp Email

Billionaire investor Mike Novogratz says Fed Chairman Jerome Powell’s nomination for a second term could be about to slow the Bitcoin and altcoin markets. Opinions and statements of the famous billionaire Cryptocoin. com we have compiled it for its readers.

“Bitcoin and altcoins will slow down if the Fed starts raising rates faster”

Mike Novogratz said on Wednesday that “the macro story has changed a bit” and that “people have been quite bearish” in cryptocurrencies. The famous billionaire makes the following assessment:

Jerome Powell is reappointed and perhaps allowed to act more like a central banker than a man seeking reappointment. And you know, inflation is coming up pretty badly in the US. So, will the Fed be able to move a little faster? we will be able to see. This slows down all assets. It slows the Nasdaq. If we have to start raising interest rates much faster than we thought, it would slow down crypto.

Meanwhile, the Fed is grappling with the strongest inflation in 31 years and has already lowered its bond-buying rate. Minutes after the latest monetary policy decision, released on Wednesday, showed officials were open to curbing easing even faster. CME Group’s FedWatch tool shows that financial markets and investors now think that the Fed may increase interest rates in May.

Bitcoin, Ethereum and other cryptocurrencies such as Dogecoin are among the many assets that have been removed by the money flood from the Fed in the past year and a half. Mike Novogratz previously predicted that Bitcoin (BTC) would reach $100,000 by the end of the year, but now he says it looks highly unlikely. However, the former hedge fund manager, who now runs crypto investment firm Galaxy Digital, says there is still a lot to be excited about in the world of digital assets:

The number of institutions Galaxy has seen entering this space is staggering. I was on the phone today with one of the world’s largest sovereign wealth funds and they have decided to start investing money going forward. I’ve had the same conversations with major pension funds in the US.

Crypto Fed Money
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
Previous ArticleJPMorgan Thinks Ethereum (ETH) Is A Better Investment Tool Than Bitcoin (BTC)
Next Article Binance Also Available! Millions Of This Altcoin Flowed To The Stock Exchanges!
cryptossor
  • Website
  • Twitter

The most realistic News Of The Crypto [email protected] https://twitter.com/cryptossorcom

Related Posts

Binance Delivers The Good News For These 2 Altcoin Investors!

Ocak 11, 2023

Famous Stock Exchange Delists 33 Altcoins: Here is the List!

Ocak 11, 2023

Bitcoin Billionaire: This Platform Could Crash! But Like FTX..

Ocak 11, 2023

Tomorrow is Critical Day for Bitcoin: 5 Analysts Are Waiting For These!

Ocak 11, 2023

From Feudalism to Capitalism From Ottoman to Turkey (II)

Ocak 11, 2023

Surprise Cryptocurrency Move from DOGE Lover Elon Musk!

Ocak 11, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Advertisement
Our Picks
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Altcoin

Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals

By cryptossorMayıs 18, 2023

Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey…

Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards

Mayıs 18, 2023

EU Council Adopts New Rules for Europe’s Crypto Markets

Mayıs 18, 2023

BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies

Mayıs 18, 2023

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Facebook Twitter Pinterest

Type above and press Enter to search. Press Esc to cancel.