Grey release research team recently wrote that if the dollar weakens and interest rates continue to fall, it will be positive for bitcoin. Because bitcoin, like physical gold, is an alternative currency system that competes with the dollar in the international market.
And it believes that the main downside risk to crypto valuations is a further rise in unemployment and a possible recession. Therefore, investors should pay close attention to upcoming labor market data, including the next monthly employment report scheduled for September 6.
Grey release: If the dollar weakens and interest rates continue to fall, it will be positive for Bitcoin
2024-09-04 10:45:18
Grey release research grayscale research team recently post said ifdesk3cryptocurrencydesktopCrypto News
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