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Bitcoin in turbulent waters as East Asian economic headwinds intensify

Quick Take Bitcoin, the leading cryptocurrency, finds itself in stormy seas as it contends with economic headwinds rolling in from East Asia. China, the world’s second-largest economy, is grappling with a weakening currency against the dollar, accentuated by fears of deflation and a recently implemented rate cut aimed at stimulating demand. дальше »

2023-8-18 14:00


Analyst: 'Deflationary forces' present an optimistic outlook for BTC, ETH in 2022

Consider the hypothesis: deflation could swap inflation next year. Well, if that's the case, cryptocurrency can prevail over other asset classes. This is the hypothesis based on which Bloomberg IntellThe post Analyst: 'Deflationary forces' present an optimistic outlook for BTC, ETH in 2022 appeared first on AMBCrypto. дальше »

2021-12-13 03:30