Binance Has Some Bad News for Crypto Investors

Published by
The Street

By Luc Olinga The world’s first cryptocurrency exchange no longer accepts dollar transfers to buy coins like Bitcoin. This year the cryptocurrency market has smiled on its investors. At least so far, the market momentum is good and some are already hoping for a repeat of 2019. At the time, bitcoin’s rise coincided with a peak in the Federal Reserve’s monetary policy. That’s comparable to the current period. According to many experts, the Fed might slow down its aggressive interest rate hikes, which have particularly hurt riskier assets such as cryptocurrencies and technology stocks. Investors …

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