MARKETS INSIDER: FTX's Sam Bankman-Fried says crypto would get a boost if the Fed turned less hawkish and that 'there's not nearly enough' investment in innovative NFT applications


FTX CEO Sam Bankman-Fried said Thursday that a more dovish central bank could boost token prices and highlighted potential in NFT investing as his crypto exchange also takes on a venture capital role.

In a wide-ranging Thursday interview with the Economic Club of New York, the 29-year-old crypto billionaire noted monetary supply and the Fed's signals on hiking rates to tame inflation have been moving markets lately, with "a tight coupling between crypto and stocks" also evident.


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