Crypto Recorder: Why the FED rates hike is an opportunity to buy Digibyte (DGB), Bitcoin (BTC) & Dash coin (Dash) Featured
The move of the U.S federal reserve increasing interest rates by a quarter of percentage, would affect the fiat currencies of developing Nations who have borrowed heavily in the international markets. With the US dollars set to get stronger, many countries would have higher debt repayment bills relative to their domestic incomes. Their currencies would get devalued and become worthless. So, Citizens would look towards crypto currencies like Dash and and Digibyte for value transfer, taking the prices of these cryptos up.
Additional Info
- Read full article on: Crypto Recorder
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.
Our main goal is to make crypto grow by making news and information more accessible for the masses.
Our main goal is to make crypto grow by making news and information more accessible for the masses.