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The American Recession Could Boost Bitcoin According To Bitwise

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Trader in rumpled shirt, loose tie. Back arched, mouth open in amazement, staring at a phone screen. A descending red graphic... followed by a shiny, soaring Bitcoin logo.

In the face of the contraction of the American economy, bitcoin could paradoxically benefit from it, according to André Dragosch, European head of research at Bitwise. This perspective is explained by the anticipation of interest rate cuts and the weakening of the dollar, two factors particularly favorable to cryptocurrency.

L’article The American Recession Could Boost Bitcoin According To Bitwise est apparu en premier sur Cointribune.

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