The crypto market has fallen recently due to higher interest rates, which reduces demand for high-risk/high-return assets like cryptocurrency. Due to the pessimistic macroeconomic outlook and the crypto market’s increased correlation to equities, crypto may have a dismal year according to Coinwire. Cryptomarket Dynamics Since January, Bitcoin’s price has plummeted, shaking investors’ faith and raising … Continue reading Increased interest rates & their effect on the cryptocurrency industry