Fed rate policy might be hardly related to crypto price

  1. From Dec 2008 to Dec 2015, the Fed rate has been maintained at 0.25% for 7 years, while for the BTC, its 4 year halving cycle played a dominant role.
    US stocks: kept going up.

How is it happen?

Because the interest rates hike itself is a result of an overheated or overcooled economy, the Fed steps on the brakes when the economy is overheated and accelerates when the economy is overcooled, but can the economy be affected immediately after these actions? Not necessarily, the economic cycle has a very large inertia, the Fed stepping on the brakes certainly has an effect, but the effect will take a long time to produce result.

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