War in Ukraine, Fed Rate Hikes & Inflation: How Will These Events Affect Bitcoin?

Alex Zerden — founder of Capitol Peak Strategies, adjunct senior fellow at Center for a New American Security (CNAS) and a former Treasury Department official — told GOBankingRates that “in the United States, there are competing forces at play with the crypto market right now.”

“On one side, concerns exist, including an increase in interest rates and Russia’s invasion of Ukraine while on the other, there’s a renewed sense of optimism about a path to regulatory clarity under the recent Biden administration executive order on digital assets that can unlock further innovation and economic opportunity,” Zerden said.

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