The BOE, Fed, and different main central banks poured billions of {dollars} into the monetary system by way of QE within the aftermath of the coronavirus-induced crash of 2020, triggering an unprecedented bull run in crypto and conventional markets. Now, nevertheless, rampant inflation has pressured these central banks to reverse course, sending asset markets throughout the spectrum sharply decrease in 2022. Bitcoin has been greater than halved to lower than $20,000 from simply shy of $70,000 late in 2021.
