Blom HolbrookNov 26, 2021 · 3 years ago2 answers What impact did the rise in interest rates in 2016 have on the cryptocurrency market?
How did the increase in interest rates in 2016 affect the cryptocurrency market? What were the specific changes and consequences that occurred as a result of this rise in interest rates? Did it lead to a decline in cryptocurrency prices or a shift in investor behavior? Were there any notable differences in the impact on different cryptocurrencies? How did the market recover, if at all, from this event?