Forces lowering Eurozone inflation aren’t all bad. CPI fell 0.3% in Dec. That’s far cry from ECB’s inflation target of 2% despite massive QE. Declines in IT prices have knocked 0.15ppts. Digital advances will also impact prices in less easily measured ways https://t.co/iVWehsYcCr https://t.co/YHpypvLOEv
Tag: Declines
Further Declines in Bitcoin Price Possible Though Grayscale is Crucial, Notes JPM Analyst
The interest towards the Grayscale Bitcoin Trust in the coming weeks will be key to determine if BTC is indeed preferred by institutions, JPM analysts said.