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September 19, 2020
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Bitcoin

US coin-based partner company pointed out, “negative interest rate” will affect bitcoin


Impact of Negative Interest Rate Policy Stack Funds, an asset management company based in Singapore, said that interest rate reduction policies in each country will raise the interest of virtual currency (cryptographic asset) Bitcoin (BTC). The company released a weekly report on the 14th. “It’s more likely that the US will introduce a negative policy following Japan and Europe,” he said. He pointed out that if interest rates are lowered and the supply of cash from the central bank increases, it could adversely affect the economy and lead to a deflationary spiral. Investors will look to BTC if uncertainty increases in traditional asset markets such as stocks …

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