en.firstgooal.com
Open in
urlscan Pro
2a06:98c1:3121::3
Public Scan
Submitted URL: http://upfasia.org/home/cc/index.php
Effective URL: https://en.firstgooal.com/4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989/does-raising-interest...
Submission: On December 13 via automatic, source openphish — Scanned from DE
Effective URL: https://en.firstgooal.com/4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989/does-raising-interest...
Submission: On December 13 via automatic, source openphish — Scanned from DE
Form analysis 10 forms found in the DOM
POST ../login?to=4989%2Fdoes-raising-interest-rates-affect-digital-currencies%3Fqa-rewrite%3D4989%252Fdoes-raising-interest-rates-affect-digital-currencies
<form action="../login?to=4989%2Fdoes-raising-interest-rates-affect-digital-currencies%3Fqa-rewrite%3D4989%252Fdoes-raising-interest-rates-affect-digital-currencies" method="post">
<input type="text" name="emailhandle" dir="auto" placeholder="Email or Username">
<input type="password" name="password" dir="auto" placeholder="Password">
<div><input type="checkbox" name="remember" id="qam-rememberme" value="1">
<label for="qam-rememberme">Remember</label>
</div>
<input type="hidden" name="code" value="0-1670937624-fc92cbc3bccc885842c3e074fea106f54b24887a">
<input type="submit" value="Login" class="qa-form-tall-button qa-form-tall-button-login" name="dologin">
</form>GET ../search
<form method="get" action="../search">
<input type="text" placeholder="Search..." name="q" value="" class="qa-search-field">
<input type="submit" value="Search" class="qa-search-button">
</form>POST ../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies
<form method="post" action="../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies">
<div class="qa-q-view-stats">
<div class="qa-voting qa-voting-net" id="voting_4989">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_4989_1_q4989" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_4989_-1_q4989" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes
<meta itemprop="upvoteCount" content="0">
</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
</div>
<input name="code" type="hidden" value="0-1670937624-54424bb87778070ffba181f06a4fe01f06554591">
</form>POST ../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies
<form method="post" action="../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies">
<span class="qa-q-view-avatar-meta">
<span class="qa-q-view-meta">
<a href="../4989/does-raising-interest-rates-affect-digital-currencies" class="qa-q-view-what" itemprop="url">asked</a>
<span class="qa-q-view-when">
<span class="qa-q-view-when-data"><time itemprop="dateCreated" datetime="2022-11-03T11:25:18+0000" title="2022-11-03T11:25:18+0000">Nov 3</time></span>
</span>
<span class="qa-q-view-where">
<span class="qa-q-view-where-pad">in </span><span class="qa-q-view-where-data"><a href="../question" class="qa-category-link">question</a></span>
</span>
<span class="qa-q-view-who">
<span class="qa-q-view-who-pad">by </span>
<span class="qa-q-view-who-data"><span itemprop="author" itemscope="" itemtype="https://schema.org/Person"><a href="../user/mrcat" class="qa-user-link" itemprop="url"><span itemprop="name">mrcat</span></a></span></span>
<span class="qa-q-view-who-points">
<span class="qa-q-view-who-points-pad">(</span><span class="qa-q-view-who-points-data">2.7k</span><span class="qa-q-view-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
<div class="qa-q-view-content qa-post-content">
<a name="4989"></a>
<div itemprop="text">
<p>The currency markets are awaiting the decision of the US Federal Reserve meeting, Wednesday, June 15, 2022, to discuss the fate of interest rates, amid expectations of raising interest rates for the third time in a row, with the return of
the possibilities that the rate of hike will be 0.75% instead of 0.5%, amid fears of an inflationary recession. .</p>
<h2><span style="color:#d35400"><strong>US interest rate hike and its impact on digital currencies</strong></span></h2>
<p>The rise in US interest rates leads to the reluctance of investors from high-risk assets, which include digital currencies that are characterized by high fluctuations in their prices, as cryptocurrencies tumbled before the expected decision
of the US Federal Reserve, as the “Bitcoin” currency fell to its lowest level in 18 months yesterday, Monday. Below the $25,000 mark, due to investors avoiding risky assets in light of the nervousness in global markets.</p>
<p>Ethereum, the second largest cryptocurrency, has also been under pressure during the past few days due to tensions in global markets, as many investors preferred to stay away from higher-risk assets, awaiting prices for the US Federal
Reserve's decision to raise interest rates.</p>
<h2><span style="color:#d35400"><strong>Investors are getting rid of cryptocurrency</strong></span></h2>
<p>According to CoinMarketCap, the value of the cryptocurrency market has fallen to $926 billion, while bitcoin has fallen about 10% to an 18-month low of $23,950.</p>
<p></p>
<p>The market value of cryptocurrencies plunged below $1 trillion for the first time since early 2021.</p>
<h2><span style="color:#d35400"><strong>Recession and interest cost cryptocurrencies record losses</strong></span></h2>
<p>The market value of cryptocurrencies has lost about $235 billion since fears increased in global markets about raising interest rates and an approaching economic recession, within about 4 days.</p>
<p>The “Binance Coin” currency recorded a decline within 4 days, by 21.45%, losing about 61.4 dollars, after its price fell from the level of 224.89 dollars at the end of trading last Friday to the level of 286.29 dollars in Tuesday’s trading.
</p>
<p>The “Solana” currency recorded losses of 19.45%, losing about $7.22, after its price fell from the level of $37.12 at the end of last Friday’s trading to about $29.9 during Tuesday’s trading.</p>
<p>The "Cardano" currency recorded losses during that period of 13.8 percent, losing about $0.0797, after its price fell from the level of $0.5743 to about $0.4946.</p>
<p>Dogecoin recorded losses of 25.6%, after its price fell from the level of $0.075363 at the end of trading last Friday to about $0.056092 during Tuesday’s trading.</p>
</div>
</div>
<div class="qa-q-view-buttons">
<input name="q_doanswer" id="q_doanswer" onclick="return qa_toggle_element('anew')" value="answer" title="Answer this question" type="submit" class="qa-form-light-button qa-form-light-button-answer">
</div>
<input name="code" type="hidden" value="0-1670937624-2e28da7f6614b5d324ea831456cc3e03b74f33c7">
<input name="qa_click" type="hidden" value="">
</form>Name: a_form — POST ../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies
<form method="post" action="../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies" name="a_form">
<table class="qa-form-tall-table">
<tbody>
<tr>
<td class="qa-form-tall-data">
<input name="a_content_ckeditor_ok" id="a_content_ckeditor_ok" type="hidden" value="0"><input name="a_content_ckeditor_data" id="a_content_ckeditor_data" type="hidden" value="">
<textarea name="a_content" rows="12" cols="40" class="qa-form-tall-text"></textarea>
</td>
</tr>
<tr>
<td class="qa-form-tall-label"> Your name to display (optional): </td>
</tr>
<tr>
<td class="qa-form-tall-data">
<input name="a_name" type="text" value="" class="qa-form-tall-text">
</td>
</tr>
<tr>
<td class="qa-form-tall-label">
<label>
<input name="a_notify" id="a_notify" onclick="if (document.getElementById('a_notify').checked) document.getElementById('a_email').focus();" type="checkbox" value="1" checked="" class="qa-form-tall-checkbox">
<span id="a_email_shown">Email me at this address if my answer is selected or commented on:</span><span id="a_email_hidden" style="display:none;">Email me if my answer is selected or commented on</span>
</label>
</td>
</tr>
</tbody>
<tbody id="a_email_display">
<tr>
<td class="qa-form-tall-data">
<input name="a_email" id="a_email" type="text" value="" class="qa-form-tall-text">
<div class="qa-form-tall-note">Privacy: Your email address will only be used for sending these notifications.</div>
</td>
</tr>
</tbody>
<tbody>
<tr>
<td colspan="1" class="qa-form-tall-buttons">
<input onclick="if (qa_ckeditor_a_content) qa_ckeditor_a_content.updateElement(); return qa_submit_answer(4989, this);" value="Add answer" title="" type="submit" class="qa-form-tall-button qa-form-tall-button-answer">
<input name="docancel" onclick="return qa_toggle_element();" value="Cancel" title="" type="submit" class="qa-form-tall-button qa-form-tall-button-cancel">
</td>
</tr>
</tbody>
</table>
<input name="a_editor" type="hidden" value="WYSIWYG Editor">
<input name="a_doadd" type="hidden" value="1">
<input name="code" type="hidden" value="0-1670937624-67d371bb8308bb5a330db9894f74e1b5318b6fe0">
</form>POST ../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies
<form method="post" action="../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies">
<div class="qa-voting qa-voting-net" id="voting_4990">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_4990_1_a4990" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_4990_-1_a4990" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes
<meta itemprop="upvoteCount" content="0">
</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<input name="code" type="hidden" value="0-1670937624-54424bb87778070ffba181f06a4fe01f06554591">
</form>POST ../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies
<form method="post" action="../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies" style="height: auto !important;">
<span class="qa-a-item-avatar-meta">
<span class="qa-a-item-meta">
<a href="../4989/does-raising-interest-rates-affect-digital-currencies?show=4990#a4990" class="qa-a-item-what" itemprop="url">answered</a>
<span class="qa-a-item-when">
<span class="qa-a-item-when-data"><time itemprop="dateCreated" datetime="2022-11-03T11:26:16+0000" title="2022-11-03T11:26:16+0000">Nov 3</time></span>
</span>
<span class="qa-a-item-who">
<span class="qa-a-item-who-pad">by </span>
<span class="qa-a-item-who-data"><span itemprop="author" itemscope="" itemtype="https://schema.org/Person"><a href="../user/mrcat" class="qa-user-link" itemprop="url"><span itemprop="name">mrcat</span></a></span></span>
<span class="qa-a-item-who-points">
<span class="qa-a-item-who-points-pad">(</span><span class="qa-a-item-who-points-data">2.7k</span><span class="qa-a-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
<div class="qa-a-item-selected" style="height: auto !important;">
<div class="qa-a-selection">
<div class="qa-a-selected"> </div>
<div class="qa-a-selected-text">Best answer</div>
</div>
<div class="qa-a-item-content qa-post-content" style="height: auto !important;">
<a name="4990"></a>
<div itemprop="text" style="height: auto !important;">
<h2><span style="color:#d35400"><strong>US interest rate hike sequence</strong></span></h2>
<p>The Federal Reserve raised interest rates by 0.5% last May for the first time since 2000, and for the second time since 2018, after raising interest rates by 0.25% in March.</p>
<p>The US Federal Reserve meeting comes in light of measures to confront inflation, which has reached its highest rates in more than 40 years in recent months, after it rose again last May, recording 8.6%, compared to 8.3% in April and 8.5%
in March, as stated. Higher than expectations in May, which was at the level of 8.3%.</p>
<div class="google-auto-placed ap_container" style="width: 100%; height: auto; clear: both; text-align: center;"><ins data-ad-format="auto" class="adsbygoogle adsbygoogle-noablate" data-ad-client="ca-pub-5119020707824427"
data-adsbygoogle-status="done" style="display: block; margin: auto; background-color: transparent; height: 200px;" data-ad-status="filled">
<div id="aswift_5_host" tabindex="0" title="Advertisement" aria-label="Advertisement"
style="border: none; height: 200px; width: 607px; margin: 0px; padding: 0px; position: relative; visibility: visible; background-color: transparent; display: inline-block; overflow: visible;"><iframe id="aswift_5" name="aswift_5"
style="left:0;position:absolute;top:0;border:0;width:607px;height:200px;" sandbox="allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation" width="607"
height="200" frameborder="0" marginwidth="0" marginheight="0" vspace="0" hspace="0" allowtransparency="true" scrolling="no"
src="https://googleads.g.doubleclick.net/pagead/ads?client=ca-pub-5119020707824427&output=html&h=200&adk=3340840484&adf=4199252853&pi=t.aa~a.2331998442~i.2~rp.4&w=607&fwrn=4&fwrnh=100&lmt=1670937625&num_ads=1&rafmt=1&armr=3&sem=mc&pwprc=3341669447&ad_type=text_image&format=607x200&url=https%3A%2F%2Fen.firstgooal.com%2F4989%2Fdoes-raising-interest-rates-affect-digital-currencies%3Fqa-rewrite%3D4989%2Fdoes-raising-interest-rates-affect-digital-currencies&fwr=0&pra=3&rh=152&rw=607&rpe=1&resp_fmts=3&wgl=1&fa=27&uach=WyIiLCIiLCIiLCIiLCIiLFtdLGZhbHNlLG51bGwsIiIsW10sZmFsc2Vd&dt=1670937625980&bpp=2&bdt=1426&idt=2&shv=r20221207&mjsv=m202212010101&ptt=9&saldr=aa&abxe=1&cookie=ID%3D9151a74e71c300b2-229334c0f5d900fc%3AT%3D1670937624%3ART%3D1670937624%3AS%3DALNI_MbhPExT1YfmKHOKYCPzXqG53QRTQw&gpic=UID%3D00000b91b64370ae%3AT%3D1670937624%3ART%3D1670937624%3AS%3DALNI_Maw9kMkKvrBJgdJ7aOhLA_BFeFoLA&prev_fmts=0x0%2C320x640%2C748x280%2C708x280%2C1004x280&nras=2&correlator=7186098433252&frm=20&pv=1&ga_vid=1087615234.1670937625&ga_sid=1670937625&ga_hid=1596874258&ga_fc=1&u_tz=0&u_his=2&u_h=1200&u_w=1600&u_ah=1200&u_aw=1600&u_cd=24&u_sd=1&dmc=8&adx=418&ady=2342&biw=1600&bih=1200&scr_x=0&scr_y=0&eid=44759876%2C44759927%2C44759837%2C31071167%2C44774292%2C44779794%2C31071261%2C44780792&oid=2&psts=AMjMPc0MOvwruZwyiUgJNHUEPhpTdik8NsqzDJaYUdPNtsQN2xk4vr-Ugv9z9m2ZwjoyOdgpmPavQ3NojIAWOwjtUg%2CAMjMPc3nda-ABWx0b0z8WyEt6Ppu6hlBhR3g8fD9CHbcS1zJoKmEJB_E0IUDG9yBqiMK8vRMnBftry8qe7CmYL4&pvsid=3700283719170326&tmod=1635112372&uas=0&nvt=1&ref=https%3A%2F%2Fwww.google.com%2F&eae=0&fc=1408&brdim=0%2C0%2C0%2C0%2C1600%2C0%2C1600%2C1200%2C1600%2C1200&vis=1&rsz=%7C%7Cs%7C&abl=NS&fu=128&bc=31&ifi=6&uci=a!6&btvi=3&fsb=1&xpc=Kv35MWUnVz&p=https%3A//en.firstgooal.com&dtd=8"
data-google-container-id="a!6" data-google-query-id="CKKuk93X9vsCFW1i7Aodu2AHsg" data-load-complete="true"></iframe></div>
</ins></div>
<p>According to Bloomberg, traders see chances (50:50) that the Fed will raise interest rates by 0.75% in July, while economists at investment banks say this move may come early in Wednesday's meeting.</p>
<p><span style="color:#d35400"><strong>US Treasuries at their highest levels</strong></span></p>
<p>Last Friday, after the announcement of inflation figures, interest rates on five-year Treasury bonds reached their highest level in more than a decade, outpacing their 30-year counterparts for the first time in a month, Bloomberg Agency
said, in a sign to some investors that the bank's tightening central bank may lead to a recession.</p>
<p>The increase in US interest rate expectations comes after a Labor Department report showed that consumer prices are accelerating to their highest level in 40 years, although Fed watchers doubt President Jerome Powell will take such a step.
</p>
</div>
</div>
</div>
<div class="qa-a-item-buttons">
<input name="a4990_dofollow" value="ask related question" title="Ask a new question relating to this answer" type="submit" class="qa-form-light-button qa-form-light-button-follow">
<input name="a4990_docomment" onclick="return qa_toggle_element('c4990')" value="comment" title="Add a comment on this answer" type="submit" class="qa-form-light-button qa-form-light-button-comment">
</div>
<input name="code" type="hidden" value="0-1670937624-4b809510ca3b80a199928fcf2cc577c7213a9692">
<input name="qa_click" type="hidden" value="">
</form>Name: c_form_4990 — POST ../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies
<form method="post" action="../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies" name="c_form_4990">
<table class="qa-form-tall-table">
<tbody>
<tr>
<td class="qa-form-tall-data">
<textarea name="c4990_content" id="c4990_content" rows="4" cols="40" class="qa-form-tall-text"></textarea>
</td>
</tr>
<tr>
<td class="qa-form-tall-label"> Your name to display (optional): </td>
</tr>
<tr>
<td class="qa-form-tall-data">
<input name="c4990_name" type="text" value="" class="qa-form-tall-text">
</td>
</tr>
<tr>
<td class="qa-form-tall-label">
<label>
<input name="c4990_notify" id="c4990_notify" onclick="if (document.getElementById('c4990_notify').checked) document.getElementById('c4990_email').focus();" type="checkbox" value="1" checked="" class="qa-form-tall-checkbox">
<span id="c4990_email_shown">Email me at this address if a comment is added after mine:</span><span id="c4990_email_hidden" style="display:none;">Email me if a comment is added after mine</span>
</label>
</td>
</tr>
</tbody>
<tbody id="c4990_email_display">
<tr>
<td class="qa-form-tall-data">
<input name="c4990_email" id="c4990_email" type="text" value="" class="qa-form-tall-text">
<div class="qa-form-tall-note">Privacy: Your email address will only be used for sending these notifications.</div>
</td>
</tr>
</tbody>
<tbody>
<tr>
<td colspan="1" class="qa-form-tall-buttons">
<input onclick=" return qa_submit_comment(4989, 4990, this);" value="Add comment" title="" type="submit" class="qa-form-tall-button qa-form-tall-button-comment">
<input name="docancel" onclick="return qa_toggle_element()" value="Cancel" title="" type="submit" class="qa-form-tall-button qa-form-tall-button-cancel">
</td>
</tr>
</tbody>
</table>
<input name="c4990_editor" type="hidden" value="">
<input name="c4990_doadd" type="hidden" value="1">
<input name="c4990_code" type="hidden" value="0-1670937624-8d9df2af3211f61e8c0383b257c7ea276b6592cb">
</form>GET ../search
<form method="get" action="../search">
<input type="text" placeholder="Search..." name="q" value="" class="qa-search-field">
<input type="submit" value="Search" class="qa-search-button">
</form>POST ../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies
<form method="post" action="../4989/does-raising-interest-rates-affect-digital-currencies?qa-rewrite=4989%2Fdoes-raising-interest-rates-affect-digital-currencies">
<div class="qa-q-list">
<div class="qa-q-list-item" id="q4991">
<div class="qa-q-item-stats">
<div class="qa-voting qa-voting-net" id="voting_4991">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_4991_1_q4991" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_4991_-1_q4991" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<span class="qa-a-count qa-a-count-selected">
<span class="qa-a-count-data">1</span><span class="qa-a-count-pad"> answer</span>
</span>
</div>
<div class="qa-q-item-main">
<div class="qa-q-item-title">
<a href="../4991/will-raising-interest-rates-in-us-banks-affect-bitcoin">Will raising interest rates in US banks affect Bitcoin?</a>
</div>
<span class="qa-q-item-avatar-meta">
<span class="qa-q-item-meta">
<span class="qa-q-item-what">asked</span>
<span class="qa-q-item-when">
<span class="qa-q-item-when-data">Nov 3</span>
</span>
<span class="qa-q-item-where">
<span class="qa-q-item-where-pad">in </span><span class="qa-q-item-where-data"><a href="../question" class="qa-category-link">question</a></span>
</span>
<span class="qa-q-item-who">
<span class="qa-q-item-who-pad">by </span>
<span class="qa-q-item-who-data"><a href="../user/mrcat" class="qa-user-link">mrcat</a></span>
<span class="qa-q-item-who-points">
<span class="qa-q-item-who-points-pad">(</span><span class="qa-q-item-who-points-data">2.7k</span><span class="qa-q-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
</div>
<div class="qa-q-item-clear">
</div>
</div> <!-- END qa-q-list-item -->
<div class="qa-q-list-item" id="q6806">
<div class="qa-q-item-stats">
<div class="qa-voting qa-voting-net" id="voting_6806">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_6806_1_q6806" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_6806_-1_q6806" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<span class="qa-a-count qa-a-count-selected">
<span class="qa-a-count-data">1</span><span class="qa-a-count-pad"> answer</span>
</span>
</div>
<div class="qa-q-item-main">
<div class="qa-q-item-title">
<a href="../6806/what-is-digital-transformation">what is digital transformation</a>
</div>
<span class="qa-q-item-avatar-meta">
<span class="qa-q-item-meta">
<span class="qa-q-item-what">asked</span>
<span class="qa-q-item-when">
<span class="qa-q-item-when-data">22 hours</span><span class="qa-q-item-when-pad"> ago</span>
</span>
<span class="qa-q-item-where">
<span class="qa-q-item-where-pad">in </span><span class="qa-q-item-where-data"><a href="../question" class="qa-category-link">question</a></span>
</span>
<span class="qa-q-item-who">
<span class="qa-q-item-who-pad">by </span>
<span class="qa-q-item-who-data"><a href="../user/ta" class="qa-user-link">ta</a></span>
<span class="qa-q-item-who-points">
<span class="qa-q-item-who-points-pad">(</span><span class="qa-q-item-who-points-data">223k</span><span class="qa-q-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
</div>
<div class="qa-q-item-clear">
</div>
</div> <!-- END qa-q-list-item -->
<div class="qa-q-list-item" id="q5730">
<div class="qa-q-item-stats">
<div class="qa-voting qa-voting-net" id="voting_5730">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_5730_1_q5730" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_5730_-1_q5730" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<span class="qa-a-count qa-a-count-selected">
<span class="qa-a-count-data">1</span><span class="qa-a-count-pad"> answer</span>
</span>
</div>
<div class="qa-q-item-main">
<div class="qa-q-item-title">
<a href="../5730/what-is-prime-interest-rate">what is prime interest rate</a>
</div>
<span class="qa-q-item-avatar-meta">
<span class="qa-q-item-meta">
<span class="qa-q-item-what">asked</span>
<span class="qa-q-item-when">
<span class="qa-q-item-when-data">Nov 29</span>
</span>
<span class="qa-q-item-where">
<span class="qa-q-item-where-pad">in </span><span class="qa-q-item-where-data"><a href="../question" class="qa-category-link">question</a></span>
</span>
<span class="qa-q-item-who">
<span class="qa-q-item-who-pad">by </span>
<span class="qa-q-item-who-data"><a href="../user/ta" class="qa-user-link">ta</a></span>
<span class="qa-q-item-who-points">
<span class="qa-q-item-who-points-pad">(</span><span class="qa-q-item-who-points-data">223k</span><span class="qa-q-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
</div>
<div class="qa-q-item-clear">
</div>
</div> <!-- END qa-q-list-item -->
<div class="qa-q-list-item" id="q5771">
<div class="qa-q-item-stats">
<div class="qa-voting qa-voting-net" id="voting_5771">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_5771_1_q5771" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_5771_-1_q5771" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<span class="qa-a-count qa-a-count-selected">
<span class="qa-a-count-data">1</span><span class="qa-a-count-pad"> answer</span>
</span>
</div>
<div class="qa-q-item-main">
<div class="qa-q-item-title">
<a href="../5771/how-expenses-affect-profit-in-a-business">how expenses affect profit in a business</a>
</div>
<span class="qa-q-item-avatar-meta">
<span class="qa-q-item-meta">
<span class="qa-q-item-what">asked</span>
<span class="qa-q-item-when">
<span class="qa-q-item-when-data">Nov 29</span>
</span>
<span class="qa-q-item-where">
<span class="qa-q-item-where-pad">in </span><span class="qa-q-item-where-data"><a href="../question" class="qa-category-link">question</a></span>
</span>
<span class="qa-q-item-who">
<span class="qa-q-item-who-pad">by </span>
<span class="qa-q-item-who-data"><a href="../user/ta" class="qa-user-link">ta</a></span>
<span class="qa-q-item-who-points">
<span class="qa-q-item-who-points-pad">(</span><span class="qa-q-item-who-points-data">223k</span><span class="qa-q-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
</div>
<div class="qa-q-item-clear">
</div>
</div> <!-- END qa-q-list-item -->
<div class="qa-q-list-item" id="q4890">
<div class="qa-q-item-stats">
<div class="qa-voting qa-voting-net" id="voting_4890">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_4890_1_q4890" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_4890_-1_q4890" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<span class="qa-a-count qa-a-count-selected">
<span class="qa-a-count-data">1</span><span class="qa-a-count-pad"> answer</span>
</span>
</div>
<div class="qa-q-item-main">
<div class="qa-q-item-title">
<a href="../4890/how-could-globalisation-affect-your-future-career-prospects">how could globalisation affect your future career prospects</a>
</div>
<span class="qa-q-item-avatar-meta">
<span class="qa-q-item-meta">
<span class="qa-q-item-what">asked</span>
<span class="qa-q-item-when">
<span class="qa-q-item-when-data">Nov 2</span>
</span>
<span class="qa-q-item-where">
<span class="qa-q-item-where-pad">in </span><span class="qa-q-item-where-data"><a href="../question" class="qa-category-link">question</a></span>
</span>
<span class="qa-q-item-who">
<span class="qa-q-item-who-pad">by </span>
<span class="qa-q-item-who-data"><a href="../user/ta" class="qa-user-link">ta</a></span>
<span class="qa-q-item-who-points">
<span class="qa-q-item-who-points-pad">(</span><span class="qa-q-item-who-points-data">223k</span><span class="qa-q-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
</div>
<div class="qa-q-item-clear">
</div>
</div> <!-- END qa-q-list-item -->
</div> <!-- END qa-q-list -->
<div class="qa-q-list-form">
<input name="code" type="hidden" value="0-1670937624-54424bb87778070ffba181f06a4fe01f06554591">
</div>
</form>Text Content
Login Remember * Register Firstgooal Q&A * Questions * Unanswered * Tags * Users * Ask a Question Ask a Question DOES RAISING INTEREST RATES AFFECT DIGITAL CURRENCIES? 0 votes asked Nov 3 in question by mrcat (2.7k points) The currency markets are awaiting the decision of the US Federal Reserve meeting, Wednesday, June 15, 2022, to discuss the fate of interest rates, amid expectations of raising interest rates for the third time in a row, with the return of the possibilities that the rate of hike will be 0.75% instead of 0.5%, amid fears of an inflationary recession. . US INTEREST RATE HIKE AND ITS IMPACT ON DIGITAL CURRENCIES The rise in US interest rates leads to the reluctance of investors from high-risk assets, which include digital currencies that are characterized by high fluctuations in their prices, as cryptocurrencies tumbled before the expected decision of the US Federal Reserve, as the “Bitcoin” currency fell to its lowest level in 18 months yesterday, Monday. Below the $25,000 mark, due to investors avoiding risky assets in light of the nervousness in global markets. Ethereum, the second largest cryptocurrency, has also been under pressure during the past few days due to tensions in global markets, as many investors preferred to stay away from higher-risk assets, awaiting prices for the US Federal Reserve's decision to raise interest rates. INVESTORS ARE GETTING RID OF CRYPTOCURRENCY According to CoinMarketCap, the value of the cryptocurrency market has fallen to $926 billion, while bitcoin has fallen about 10% to an 18-month low of $23,950. The market value of cryptocurrencies plunged below $1 trillion for the first time since early 2021. RECESSION AND INTEREST COST CRYPTOCURRENCIES RECORD LOSSES The market value of cryptocurrencies has lost about $235 billion since fears increased in global markets about raising interest rates and an approaching economic recession, within about 4 days. The “Binance Coin” currency recorded a decline within 4 days, by 21.45%, losing about 61.4 dollars, after its price fell from the level of 224.89 dollars at the end of trading last Friday to the level of 286.29 dollars in Tuesday’s trading. The “Solana” currency recorded losses of 19.45%, losing about $7.22, after its price fell from the level of $37.12 at the end of last Friday’s trading to about $29.9 during Tuesday’s trading. The "Cardano" currency recorded losses during that period of 13.8 percent, losing about $0.0797, after its price fell from the level of $0.5743 to about $0.4946. Dogecoin recorded losses of 25.6%, after its price fell from the level of $0.075363 at the end of trading last Friday to about $0.056092 during Tuesday’s trading. YOUR ANSWER Your name to display (optional): Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on Privacy: Your email address will only be used for sending these notifications. 1 ANSWER 0 votes answered Nov 3 by mrcat (2.7k points) Best answer US INTEREST RATE HIKE SEQUENCE The Federal Reserve raised interest rates by 0.5% last May for the first time since 2000, and for the second time since 2018, after raising interest rates by 0.25% in March. The US Federal Reserve meeting comes in light of measures to confront inflation, which has reached its highest rates in more than 40 years in recent months, after it rose again last May, recording 8.6%, compared to 8.3% in April and 8.5% in March, as stated. Higher than expectations in May, which was at the level of 8.3%. According to Bloomberg, traders see chances (50:50) that the Fed will raise interest rates by 0.75% in July, while economists at investment banks say this move may come early in Wednesday's meeting. US Treasuries at their highest levels Last Friday, after the announcement of inflation figures, interest rates on five-year Treasury bonds reached their highest level in more than a decade, outpacing their 30-year counterparts for the first time in a month, Bloomberg Agency said, in a sign to some investors that the bank's tightening central bank may lead to a recession. The increase in US interest rate expectations comes after a Labor Department report showed that consumer prices are accelerating to their highest level in 40 years, although Fed watchers doubt President Jerome Powell will take such a step. YOUR COMMENT ON THIS ANSWER: Your name to display (optional): Email me at this address if a comment is added after mine:Email me if a comment is added after mine Privacy: Your email address will only be used for sending these notifications. Welcome to Firstgooal Q&A, where you can ask questions and receive answers from other members of the community. RELATED QUESTIONS 0 votes 1 answer Will raising interest rates in US banks affect Bitcoin? asked Nov 3 in question by mrcat (2.7k points) 0 votes 1 answer what is digital transformation asked 22 hours ago in question by ta (223k points) 0 votes 1 answer what is prime interest rate asked Nov 29 in question by ta (223k points) 0 votes 1 answer how expenses affect profit in a business asked Nov 29 in question by ta (223k points) 0 votes 1 answer how could globalisation affect your future career prospects asked Nov 2 in question by ta (223k points) * Send feedback Snow Theme by Q2A Market Powered by Question2Answer ...