It seems that the value of the Bitcoin Digital Currency (BTC), the most famous and largest market value currency in the world, will have great supply opportunities during the coming period; Especially with the USA continuing its policy of devaluing its currency by reducing interest rates.
according to the Queen Telegraph, the US Federal Reserve's game plan going forward includes short-term interest levels between (0%) and (0.25%), as decided by the bank. In the meeting on September 15 and 16.
the independent agency plans to keep interest rates low in order to increase inflation, based on a September 16 report from CNBC.
and such news shines light on Bitcoin as a store of value given that blockchain-based currency is largely immune to such measures, as it is protected against inflation by its permanent cap. Of 21 million tokens.
and CNBC said that the majority of Fed members expect interest rates to remain close to (0%) for the next three years, as the board said they aim To an inflation higher than (2%).
These measures may lead to the dollar losing its value amid the central bank's attempts to correct the country's sinking economic ship - which was thrown by the continuous waves of the emerging corona virus epidemic (Covid 19).
over the past few years, Bitcoin has cemented its position as a store of value, theoretically away from traditional market rates and government control.
and mainstream giants, such as MicroStrategies and Paul Tudor Jones, have recently added to the currency's credibility by joining the ecosystem, although the technology has yet to see approval Full mainstream.
(Amazon Fun Knowledge)
