How will lower interest rates benefit Bitcoin?

by Aurelia Butler 12 May 2023, 20:00 179 Views

Today’s show starts by discussing the economic crisis in Argentina, a Latin American country that is experiencing hyperinflation. After years of populist measures, its local currency, the peso, saw its value go down by 70% in two years. The government’s overspending caused another issue: a lack of United States dollars for the government and companies to pay for imports and remittances. But what does that mean for the U.S. dollar, Bitcoin (BTC) and gold?

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Source: Cryptocurrency - investing.com

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How will lower interest rates benefit Bitcoin?

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