In this video, we look at why bitcoin has shot up over 300% in 2020 as investors are for the first time are buying cryptocurrencies as an asset class to hedge the risk of inflation.
With central banks slashing interest rates to 0.00% since March of this year and governments and central banks working hand in hand to pump trillions of dollars into their economies through fiscal and monetary spending, bitcoins demand alongside Gold and stocks has increased dramatically.
With central banks slashing interest rates to 0.00% since March of this year and governments and central banks working hand in hand to pump trillions of dollars into their economies through fiscal and monetary spending, bitcoins demand alongside Gold and stocks has increased dramatically.
Kayan Kalipha