@cravis
The fight against inflation is becoming a nightmare. In our case, the South African Reserve Bank's Monetary Policy Committee (MPC) has hiked the repo rate by 75 basis points. Our repo rate is now 6.25% per year from 23 September 2022, with prime now at 9.75%.

I also think the crypto market will likely struggle to make significant gains. But crypto investors can also take advantage of these depressed prices to lower their cost basis and position themselves for profits when the market regains momentum.