Is Crypto at the 'Mercy' of Fed Rates and Macro Conditions Now?

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Strix Leviathan Chief Investment Officer Nico Cordeiro weighs in on the recent correction across the crypto market and his outlook on bitcoin (BTC) and ether's (ETH) price movements. Plus, how macroeconomic conditions and the Federal Reserve's decisions could impact the overall crypto market.

Strix Leviathan Chief Investment Officer Nico Cordeiro weighs in on the recent correction across the crypto market and his outlook on bitcoin and ether's price movements.

There are a lot of interesting crypto native narratives and flows going on right now. I do not think they're going to overwhelm macro flows. So if we, if inflation picks up again and the fed is forced to raise rates, you know, I think that would spell difficulty for crypto over the next 9 to 12 months. I think we're at the mercy of Macro and the, and the fed and, and rates at the moment.

 

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