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Fed Obstructing Bitcoin Ascent, Says Crypto Expert

By: ETFdb
As has been widely documented this year, the Federal Reserve’s six interest rate hikes aren’t doing anything to facilitate appetite for riskier assets, including bitcoin. In fact, there’s no shortage of market observers blaming the Fed for bitcoin’s 2022 downside as well as that of crypto-correlated assets, including the Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF ( BLKC ) .
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