3) Decisions of central banks (such as the U.S. Federal Reserve)


Raising interest rates = 🔻 pressure on crypto
Liquidity injection = 🔺 rise
📊 because crypto is considered a high-risk asset
4) Global financial crises
Sometimes crypto acts as a “safe haven”
And sometimes it crashes along with the market 🤷‍♂️
👉 Example:
The banking crisis in 2023 → Bitcoin's rise
BTC2.52%
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