Fed intervention to manage rates could benefit crypto, analysis suggests

More active intervention by the U.S. Federal Reserve to maintain appropriate interest rate levels could be a positive development for cryptocurrencies, according to an analysis by Cointelegraph. The report noted that Stephen Miran, a recently appointed member of the Federal Reserve Board of Governors, referenced the central bank's mandate to ensure "moderate long-term interest rates." Cointelegraph suggested that the Trump administration may intervene more aggressively in the bond market to achieve this goal, for instance by purchasing government bonds or expanding quantitative easing. The analysis concluded that if government policies keep interest rates low, Bitcoin could attract substantial capital as an inflation hedge.