Central banks rarely make headlines for personnel changes, but the upcoming shift inside one of the US Federal Reserve banks has captured global attention in finance, particularly in crypto.

And it’s for a good reason. The approaching departure of a key Fed policymaker, Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta (who announced his retirement in February next year), points to a quiet but meaningful change inside the world’s most important financial institution. 

While the mainstream focus is on bonds, rates, and macroeconomics, the digital asset markets are paying even closer attention. From Bitcoin to altcoins, and for both big funds and everyday traders, US interest rates are one of the biggest factors driving the crypto market. This is why a single alteration in the composition of the Federal Open Market Committee (FOMC) can ripple through…

Read The Full Article When Fed Leadership Changes, Crypto Listens On Coin Edition.

Central banks rarely make headlines for personnel changes, but the upcoming shift inside one of the US Federal Reserve banks has captured global attention in finance, particularly in crypto.

And it’s for a good reason. The approaching departure of a key Fed policymaker, Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta (who announced his retirement in February next year), points to a quiet but meaningful change inside the world’s most important financial institution. 

While the mainstream focus is on bonds, rates, and macroeconomics, the digital asset markets are paying even closer attention. From Bitcoin to altcoins, and for both big funds and everyday traders, US interest rates are one of the biggest factors driving the crypto market. This is why a single alteration in the composition of the Federal Open Market Committee (FOMC) can ripple through…

Read The Full Article When Fed Leadership Changes, Crypto Listens On Coin Edition.