7 Cryptos to Watch as a Strong Jobs Report Impacts Sentiment
Unfortunately, the central bank made a deal with devil. In order to survive the onslaught of the coronavirus pandemic, the Fed injected liquidity into the monetary system. For some time, circumstances appeared somewhat normal. However, as money velocity began accelerating in 2022, inflation similarly skyrocketed. Subsequently, the bankers' efforts to slow inflation imposed significant pressures on cryptos to watch and other risk-on assets.