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The reasons for the decline in the cryptocurrency market became clear

News 15:36 18 Oct, 2022
The reasons for the decline in the cryptocurrency market became clear

The reasons for the decline in the cryptocurrency market became clear
The main factors affecting the price drop in the cryptocurrency market over the past week are the escalation of the Russia-Ukraine war and the news about the increase in the Federal Reserve System (FED) interest rate.

Qazet.az reports according to "Report"

According to him, there is an increase in the level of unemployment in the United States, the increase in consumer prices continues, and this forces the Fed to strengthen the dollar in the future.