Wie fallende Rohölpreise den Kryptomarkt steigern könnten
https://crypto.news/how-falling-crude-oil-prices-could-boost-the-crypto-market/
Wie fallende Rohölpreise den Kryptomarkt steigern könnten
https://crypto.news/how-falling-crude-oil-prices-could-boost-the-crypto-market/
3 Kommentare
TLDR; Falling Crude Oil Prices lead to lower Gasoline Prices, which could in turn lower inflation and pump crypto.
My take: inflation isn’t going to drop as long as the orange man is in the white house, so don’t hold your breath.
tldr; Falling crude oil prices could positively impact the crypto market by reducing gasoline costs and inflation, potentially prompting the Federal Reserve to cut interest rates. Lower rates historically benefit cryptocurrencies like Bitcoin and altcoins. Crude oil prices have dropped due to potential progress in U.S.-Iran talks and increased global supply. Additionally, improved trade relations between the U.S., China, and other nations may reduce recession risks, further supporting risk-on assets like cryptocurrencies.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I thought it was about the electricity costs of running the btc mining machines.