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Gate.io blog: How Monetary Policies Affect the Global Cryptocurrency Market
Gate.io blog: How Monetary Policies Affect the Global Cryptocurrency Market
2021-06-09 06:40:15 UTC
18504 Okundu
Analysts generally believe that during the pandemic, the pump-priming policy of the Federal Reserve is conducive to our current bull market. A large amount of new money was unable to be invested in the real economy, so it turned to the cryptocurrency market for higher investment returns. It was the driving force behind the rise of cryptocurrency prices. Before April this year, investors and analysts took pump-priming as good news for the crypto-digital currency market. The Biden administration released $6 trillion dollars late May this year, but the cryptocurrency market was not as hot as expected. People sold their coins out instead.
Click to read more: How Monetary Policies Affect the Global Cryptocurrency Market
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Click to read more: How Monetary Policies Affect the Global Cryptocurrency Market
Gate.io Blog
As a new information section of Gate.io, the Gate.io blog function will provide users with all-round investment support. It will offer the most timely information in the industry, as well as informative columns, exclusive research reports, interesting encyclopedia info, and other high-quality content. All of these combined will enable you to grasp the most valuable and high-quality information without leaving home.
We invite you to experience and bookmark this blog, in order to get essential investors tips.
Website: https://www.gate.io/en/blog/bloglist
*App will be launched soon, please keep an eye out for it!
Blog entry: “About-Gate Blog” at the bottom of Gate.io homepage.
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Jun 21st, 2021
