Bitcoin: How the Fed’s Interest Rate really affected them. – Bitcoints

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Published on September 15th, 2015 | by bitcoin

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Bitcoin: How the Fed’s Interest Rate really affected them.

While most analysts believe this week’s meeting won’t bring a rate hike, they concur that it will likely happen by the end of the year.
Shorter-term rates have already begun to tick up in anticipation of a 2015 rate hike.
With a rate increase all but imminent, investors are bracing for change — including those with a stake in Bitcoin.
If the Federal Reserve enacts higher interest rates, the price of Bitcoin could be negatively impacted.
A shift of higher-risk asset classes has already started and intensified as the likelihood of a rate hike increases.

Source: News.google.com

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