Interest rate hikes and runaway inflation has continued to engulf the investment scene, given that the global economy finds itself on rocky grounds based on factors like the invasion of Ukraine by Russia.
For example, the Federal Reserve (Fed) raised the interest rate by 75 basis points (bps) earlier this month, a scenario that was last seen in 1994.
Traditionally, institutional investors were heavily inclined toward stocks in the financial scene, but they have spread their wings to include crypto in their portfolios.
With macroeconomic factors like interest rate hikes affecting both stocks and crypto, this begs the question: are institutional investments propelling the correlation between the two markets?
What triggered institutional investors to enter the crypto scene?
With the onset of the coronavirus (Covid-19) pandemic in early 2020, global economic turmoil emerged based on massive layoffs as social distancing and travel restrictions took effect.
As a result, governments like...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...