Crypto News

U.S. Credit Conditions: A Key Indicator for Crypto Markets As the co-founder of one of the largest crypto exchanges, BitMEX, Arthur Hayes is no stranger to the ups and downs of the volatile crypto market. However, in a recent blog post, he highlights a key indicator that could spell good news for crypto investors: U.S. credit conditions. The Impact of U.S. Credit Conditions on Crypto Markets Hayes explains that during the previous bull market in 2017, the U.S. Federal Reserve was tightening credit conditions, leading to an increase in borrowing rates and a decrease in liquidity. This ultimately had a negative impact on the crypto market, as investors were less likely to take on risky investments. Current U.S. Credit Conditions: A Different Story However, Hayes notes that the current credit conditions in the U.S. are quite different. The Federal Reserve has now reversed course and is loosening credit conditions, with lower borrowing rates and increased liquidity. This is a ...