Hello!
Today I will write about a topic a little different from the usual, basically foundational analysis or international context, specifically about inflation in North America and the FED.
As it is public knowledge in recent times several countries of great financial power, have been going through a strong inflation, particularly the United States, as a result of such circumstances the U.S. Federal Treasury, decided to increase the interest rate offered by that body, in order to remove liquidity from the financial circuit.
Then about a week ago, it was reported that during the month of April, inflation decreased compared to the month of the previous year, which indicates that perhaps it has reached the inflation ceiling, or it has just been a break to continue increasing.
In spite of this, the U.S. Federal Treasury confirmed that they will apply a new increase in the FED, of half a point in June and another similar increase in the month of July.
Now what is the relationship between the circumstances described above, with the crypto world, just after the crash suffered by the crypto market in early May, it was proven the correlation between the U.S. markets and cryptocurrencies, because these U.S. policies, involved a strong outflow of capital circulating in cryptocurrencies, elsewhere, which led to a collapse in the prices of virtual currencies, then happened the fall of Terra, which everyone knows.

So the question that inevitably arises is: When the FED raises, will the prices of cryptocurrencies fall again, I have read several opinions about it, the general feeling is that they will fall again, the question is that it will be with the same magnitude? I honestly think not, the main objective that the U.S. treasury proposed with the interest rate hike was achieved with the first hike, that is, to take liquidity out of the market, so investors who chose to continue playing roulette with cryptos, will probably continue to do so.

In addition there is another question that I wonder facing this inflationary context, I am Argentinean, in my country we are used to inflation, for that reason cryptocurrencies are so attractive as an investment because in general terms you invest in a capital, which does not devalue at least with the same intensity as during an inflationary process, (obviously I refer to the "Stable" Cryptos), but then how would cryptocurrencies play in a global inflationary context or at least Western? Would it be a safeguard or are they "value" investments, in conclusion I think that the role that cryptocurrencies can play in the international market, is something yet to be discovered.

Very well, I hope you like this opinion.
See you next time!
P / S: I clarify three months ago I started to navigate in this world of cryptocurrencies, honestly I have found it fascinating, but there are probably misconceptions or used incorrectly, I apologize in advance.