Grayscale Favors BTC, ETH And ZEC As US Debt Keeps Rising

2h ago•

bullish:

bearish:

An analyst in a suit stands in front of a gigantic financial balance symbolizing the American debt. On one pan, a mountain of bills, bonds, and chains becomes so heavy that the mechanism collapses. On the other side, three mysterious crypto tokens start to be propelled upward. The character points to the three assets with an expression of surprise.

Grayscale believes that the evolution of US debt would favor Bitcoin, Ether, and Zcash. These three cryptos could benefit from significant demand for assets independent of fiat currencies. Indeed, this theory arises as federal debt has just exceeded 40 trillion dollars. However, it does not represent a current projection. A rate increase triggered by the US financing needs would also penalize the crypto ecosystem in the short term.

L’article Grayscale Favors BTC, ETH And ZEC As US Debt Keeps Rising est apparu en premier sur Cointribune.

2h ago•

Cointribune

bullish:

bearish: