Why are coin prices falling? Global markets await the Fed
Global markets and the cryptocurrency world are waiting for the interest rate decision and statements from the US Federal Reserve. Non-farm employment data from the US last Friday caused cryptocurrencies to experience serious declines. The fact that the US inflation data announced today was below expectations was interpreted positively by the markets at first and took back some of the declines. Now the eyes are turned to the Fed. So why are coins falling? Non-farm employment did not meet expectations The non-farm employment data released last week was strong enough to shake the markets.