3 Reasons Why Stagflation Can Be The “Crypto Killer”

The macroeconomic environment is dictating the price movement in the crypto market. Crypto investors and traders are eyeing the Federal Reserve’s every move. Minnesota Fed President and CEO, Neel Kashkari, has given traders something new to worry about.  In his recent comments, Kashkari claims that the current economic crisis looks a lot like stagflation. The crypto market, like the rest of the broader market, can struggle massively during a stagflation.

Why Stagflation Can Be Worse Than Recession And Inflation

The current macro economy is unfavorable for the crypto market. Crypto is strongly correlated with the broader market and is currently showing sluggish movement. Soaring inflation levels have caused a massive selloff in the crypto market. Similarly, the Fed’s hawkish response has triggered recession warnings.

However, there are three reasons why stagflation is likely the worst possible outcome of the economic cr