Express

Brian Armstrong Stated That Low Interest Rate & Down Stock Market May Lead to Growth in Crypto in 2020

Brian Armstrong

Summary: Brian Armstrong, the Co-founder & CEO at Coinbase, tweeted that “A down stock market and interest rate cuts may lead to growth in crypto this year. Governments around the world are likely to look to stimulate the economy in any way they can, including using quantitative easing and expanding the money supply (printing money).” China ...

Brian Armstrong, the Co-founder & CEO at Coinbase, tweeted that “A down stock market and interest rate cuts may lead to growth in crypto this year. Governments around the world are likely to look to stimulate the economy in any way they can, including using quantitative easing and expanding the money supply (printing money).” China has tried to print $173B, which may increase the funds into crypto and against inflation.

Last Update:

Tags:
Link: Brian Armstrong Stated That Low Interest Rate & Down Stock Market May Lead to Growth in Crypto in 2020 [Copy]

Last: According to BitMEX market data, BTC futures is now $8737.25，down 6.90% within a week.

Next: According to Bitpush Market Data, BTC is now $8706.38, up 0.09% in 10 minutes, breaks above $8700 mark.

Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 4 days ago

BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 7 days ago

The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 11 days ago

Google Steps Into Blockchain: A New Front in the “Ledger Wars” 13 days ago

Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 15 days ago