Just after Coinbase first listed Bitcoin, back in 2014 - it has averaged a 26.27% return on average during the month of October. The only year that saw a negative return was 2018. Guess what was also occurring during that time? Yep, rate hikes from the US Federal Reserve! Although the hikes back then are not to the same extent we’re experiencing now in 2022, during 2018 the Fed raised the upper limit for the Federal Funds rate from 1.50% at the beginning of the year, to 2.50% by year’s end. So far in 2022, we have seen the upper limit for the Federal Funds rate grow by 3% since the beginning of the year, which is ... (full story)