Negative-yielding securities in response to Fed’s quantitative easing turned out to be one of the major bullish catalysts for Bitcoin and other digital assets since March 2020.
But with Fed throwing a curveball at the markets with its hawkish tones, mainstream investors have been turning to facilities that seem less risky than Bitcoin or gold and promise a decent yield.
“Many investors choose the more volatile Bitcoin as it promises higher returns.
Raoul Pal, the founder/CEO of Global Macro Investor, said the dollar’s climb killed the inflation narrative.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
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