A recent report from Fidelity highlights that despite the fact that central banks do not control cryptocurrencies, analysts notice the influence of the US Federal Reserve on their prices. 📉 Research shows that since May 2017, the correlation between rates and the crypto index has been 63%, and since May 2020 - 75%.

China, Canada and South Africa are on the verge of rate cuts. This may affect the rate of Bitcoin and other cryptocurrencies, which are already reacting with optimism. 🚀 BitMEX founder Arthur Hayes predicts significant growth of BTC due to new Fed measures.