18 Months Will be Challenging in the Crypto Markets as the Fed Increases Interest Rates: CoinGecko founder

  • He cites the US Fed increasing interest rates to tame inflation as the reason to expect more pain in the crypto markets.
  • CoinGecko’s Co-Founder, Bobby Ong, has forecasted that the next 12 to 18 months in the crypto markets will be challenging due to the US Federal Reserve increasing interest rates to tame inflation.
  • In his concluding remarks on the bear market, Mr. Ong recommended that the crypto community be highly selective with their Bitcoin and crypto purchases.

[Via]