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
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.