Huobi Research Institute Publishes Report on Fed Tapering and its Potential Effects on Cryptocurrency Markets

LONDON, Dec. 6, 2021 /PRNewswire/ -- Huobi Research Institute, the leading blockchain application research team, has published its latest research report: Taper Landed: the Turning Point of The Cryptocurrency Market is Coming? The report discusses Fed tapering in the U.S. and its potential impact on cryptocurrency markets.

In the wake of the COVID-19 pandemic, the U.S. Federal Reserve loosened its monetary policy and the government spent trillions to fight off an economic slump. The money supply ballooned; it is estimated that one-fifth of all US dollars in circulation was created in 2020. But all of that may now be coming to an end. On November 4^th, the U.S. Federal Resource announced the beginning of its tapering activities, slowing down its purchases of asset in the open market, amidst widespread fears of inflation.

This report by Huobi Research Institute takes a look at the impact of tightening monetary policies in the U.S., and their potential impact on cryptocurrency markets. Our research analysts compare this tapering initiative with ones from years past, predicting potential effects on liquidity and asset prices.

"This move could have big implications for cryptocurrency market prices. A lot of excess money has poured into cryptocurrencies since last year, propelling prices to all-time highs. This may be unsustainable and Fed tapering could pop this bubble as we head into 2022," said William Li, the Chief Researcher of Huobi Research Institute.

For more details, please visit: https://huobiresearch.medium.com/taper-landed-the-turning-point-of-the-cryptocurrency-market-is-coming-70e6833e958e.

About Huobi Research Institute

Huobi Blockchain Application Research Institute (referred to as "Huobi Research Institute") was established in April 2016. Since March 2018, it has been committed to comprehensively expanding the research and exploration of various fields of blockchain. As the research object, the research goal is to accelerate the research and development of blockchain technology, promote the application of blockchain industry, and promote the ecological optimization of the blockchain industry. The main research content includes industry trends, technology paths, application innovations in the blockchain field, Model exploration, etc. Based on the principles of public welfare, rigor and innovation, Huobi Research Institute will carry out extensive and in-depth cooperation with governments, enterprises, universities and other institutions through various forms to build a research platform covering the complete industrial chain of the blockchain. Industry professionals provide a solid theoretical basis and trend judgments to promote the healthy and sustainable development of the entire blockchain industry.

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SOURCE Huobi Research