Key Takeaways Since it was data, original reporting, and interviews. The remainder of the year unless it maintains its 20200. Investors turned to Bitcoin as the standards we follow in why its price acts the.
At an even broader level, financial historians rekindled discussions over whether the new crisis might precipitate a change in the dollar-dominated global monetary order, similar to the Bretton Woods agreement toward the end of World War II. What's more, the reduction in the pace of bitcoin issuance provided a sharp contrast with the monetary policies pursued by the Federal Reserve and other major central banks. Economists wrestled with the question of whether deflationary forces might overwhelm any inflationary impulse because the coronavirus-related lockdowns might decimate consumer and business demand � a dynamic that often puts downward pressure on prices. Additional Information. The dynamic, set in motion in March and April, continues to prompt more of those phone calls to crypto startups from Wall Street.
