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The Daily Hodl 2020-05-02 21:15:10

Grayscale Analysis Shows Correlation Between Bitcoin and Gold At Historical High, Strengthening BTC’s Safe Haven Narrative

In a new report released by Grayscale, entitled “Bitcoin’s Quantitative Tightening vs. Central Banks’ Quantitative Easing”, the digital currency asset management firm suggests that the current macroeconomic environment could trigger a deflationary spiral. With global debt reaching $255 trillion, led by the US and China, systemic cracks remain major concerns, particularly since the gargantuan figure […]The post Grayscale Analysis Shows Correlation Between Bitcoin and Gold At Historical High, Strengthening BTC’s Safe Haven Narrative appeared first on The Daily Hodl.

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