Cryptocurrency Markets Impacted by Uncertainty Surrounding the Fed’s Independence

Crypto markets experienced heightened volatility last week, with Bitcoin and altcoins struggling to gain traction despite expectations of a rate cut. QCP Capital’s latest report sheds light on factors contributing to these price pressures, including decreased ETF flows and ongoing market uncertainties. 55 years ago, the Federal Reserve achieved near-complete independence, but its impact on cryptocurrencies has remained complex and subject to interpretation.