It makes sense that cryptocurrency will follow the others when the risk-off trade takes hold. Hence, I would expect crypto markets to fall if we see equities going south. Since the Fed set expectations of rising interest rates, we will get it in the short term. That will turn when the markets realize that not only does inflation pull back but so does the entire global economy.
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Hmm let's see what time holds for the crypto industry.
The Splinterlands card prices are already falling. The value of my Splinterlands card collection fell from more than $900 USD to less than $600 USD in a few weeks. Currently it is worth $538.73 USD.