.realMatrixport says bitcoin is benefiting from instability in the financial system, from falling inflation, which allows the Federal Reserve to become less hawkish, and from a regulatory overhang that has impacted stablecoins. By willcanny99.
Bitcoin is benefiting from instability in the financial system, from falling inflation that allows the Federal Reserve to become less hawkish, and from a regulatory overhang that has hit stablecoins, crypto services provider Matrixport said in a report Thursday.
“As those three trends persist, bitcoin prices can stay high and continue to rally,” wrote Markus Thielen, head of research. Matrixport says “investors have now woken up,” noting that the Fed’s interest-rate policy has severely damaged some investment portfolios and threatened the financial stability of the economy.There has been a shift from higher
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