If the effect is anything like what the effect is on the stock markets then crypto will SOAR. This will be partly due to the rising inflation and artificially suppressed bonds market. Investors will move to where their money is making the biggest returns and that will inevitably be in crypto or precious metals.

Right now we are on the cusp of a serious economic crisis that they keep pushing off year after year. One decade ago we saw a MAJOR recession and the next one is just around the corner IMO.