Are there any correlations between the 2018 US mortgage interest rates and the performance of cryptocurrencies?

3 answers

• Lotanna NnoshiriJul 21, 2024 · a year ago
  There is a potential correlation between the 2018 US mortgage interest rates and the performance of cryptocurrencies. When mortgage interest rates rise, it may lead to a decrease in the demand for real estate, which could indirectly impact the value of cryptocurrencies. If people are less likely to invest in real estate due to higher mortgage rates, they may allocate their funds to other investment options, such as cryptocurrencies. However, it's important to note that correlation does not imply causation, and other factors, such as market sentiment and regulatory changes, also play a significant role in the performance of cryptocurrencies.
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• Olsson FriedmanDec 21, 2024 · 7 months ago
  Absolutely! The 2018 US mortgage interest rates can have an impact on the performance of cryptocurrencies. When mortgage rates increase, it becomes more expensive for people to borrow money for real estate purchases. This can lead to a decrease in demand for real estate, which may indirectly affect the value of cryptocurrencies. Investors may choose to allocate their funds to alternative investments, including cryptocurrencies, when traditional real estate investments become less attractive. However, it's essential to consider that the cryptocurrency market is highly volatile and influenced by various factors, so the correlation may not always be straightforward or predictable.
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• Queen BebeOct 31, 2021 · 4 years ago
  According to a study conducted by BYDFi, there is a correlation between the 2018 US mortgage interest rates and the performance of cryptocurrencies. The study analyzed historical data and found that when mortgage interest rates increased, there was a slight negative impact on the value of cryptocurrencies. This suggests that changes in mortgage rates can influence investor sentiment and investment decisions, leading to fluctuations in the cryptocurrency market. However, it's important to note that correlation does not imply causation, and other factors, such as market trends and regulatory developments, also contribute to the performance of cryptocurrencies.
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