The BTC price is trading at a three percent loss today, March 21st. In the following, we take a look at some of the most important Bitcoin news of the past couple of days.
Bitcoin and US interest rates: is there a correlation?
Do changes in US interest rates impact Bitcoin’s price and how? According to a recent report by Santiment, it does. Since 2022, aggressive rate hikes have been the reason for increased volatility in both traditional and crypto markets.
For example, back in June 2022, when the US Federal Reserve decided to hike rates for the first time since 2018 in a bid to combat growing post-COVID inflation, the price tanked by 18%. On the other hand, in December 2024, when the opposite happened and the Fed decided to cut rates by 25 basis points, Bitcoin’s price increased by 15%.
In conclusion, the monetary policy of the US Federal Reserve has and will likely continue to impact the price of BTC, and by extension – that of the rest of the market.
BTC price uncertainty in
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