RE: Janet Yellen Makes a Statement on Bitcoin Fall and Interest Rates
(Edited)
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As Bitcoin is very volatile (due to several reasons), it is opportunistic to attribute a normal fall in Bitcoin price to solely something that coincided with the fall. To attribute the fall in price to the increase in interest rate solely, without more, lacks sophistication in analysis. At best, the increase in interest rate could possibly been a contributive factor, among many others.
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