Fed Effect on Crypto Market

Last week the stock market shed over 1.2

trillion dollars after fed chairman jerome 

powell made it clear that the central bank

would continue aggressively raising interest

rates to fight inflation during his speech

at the annual jackson hole symposium.

What's even more terrifying is that Jerome admitted 

that the fed has no control over the supply

side factors that are causing inflation and

will therefore have to do excessive damage

to the demand side of the equation to bring it down by raising interest rates.

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