2019-9-16 21:00 |
The global economy faces a new series of extreme interest rate reductions, potentially driving the demand for more volatile crypto assets. With fiat assets racing toward lowered interest rates, crypto may also be seen as a store of value.
The US Federal Reserve has scheduled another interest rate correction for this Wednesday, in a bid to rein in the red-hot exchange rate of the dollar. A cheaper dollar means more competitive exports on the international
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The post Crypto Could Experience More Fiat Influx; Here’s Why appeared first on Bitcoinist. com.
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