Federal Reserve Could Taper ‘Soon’ as Officials See Interest Rate Hike Next Year — CoinDesk

 Federal Reserve Could Taper ‘Soon’ as Officials See Interest Rate Hike Next Year — CoinDesk



Many cryptocurrency investors speculate that “quantitative easing,” or QE, could weaken the dollar, pushing up the value of bitcoin, which has a capped supply. Bitcoin is also still seen on Wall Street as a speculative asset, and the bet is that more investors will be forced to seek such investments as QE – the practice of printing money to stimulate markets – suppresses returns in traditional bond markets.



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