5min chapter

Bankless cover image

Merge vs. Macro with Travis Kling

Bankless

CHAPTER

Is Crypto Going to Get Smoked?

Central bank actions in the current monetary regime have such an overwhelmingly powerful impact on all asset prices that everything else is pretty much just an afterthought. And a, you know, to be honest, it would have been nice if crypto had been able to decouple from that. But there's some question to ask yourself about what a reasonable expectation of value, or cruel for for any crypto is during a central bank tightening cycle.

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