In an e-mail to CoinDesk, Michael Safai, managing associate of crypto buying and selling agency Dexterity Capital, mentioned the most recent Fed choice would doubtless result in “blended outcomes” for crypto merchants. “Whereas the language on future fee hikes was softened, the Fed left the door open by saying that future choices will probably be macro information dependent. Inflation information is bettering however it nonetheless isn’t rosy sufficient to excite crypto merchants,” Safai mentioned in an emailed remark.
