Brad Garlinghouse: Fed policy contributes to the popularity of cryptoassets

The Federal Reserve System by its actions helps to attract the attention of investors to cryptocurrencies, according to the head of Ripple Brad Garlinghouse. In the course of a recent speech by the head of the regulator, it was noted that the Fed decided to “target average inflation” and keep the key rate at a near-zero level.

So, according to the head of a fintech startup, the currently observed signs signal an even greater depreciation of the US dollar in the near future, which will serve as a driver for further diversification of assets, and, of course, will positively affect the rate of cryptocurrencies.

We add that after the speech of the head of the Fed, the rate of gold and the first cryptocurrency corrected downward, to the areas of $ 1930 and $ 11200, respectively.