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China’s economy slipping into deflation for the first time in more than two years might have negative near-term impacts on Bitcoin (BTC).
In the latest episode of Macro Markets, analyst Marcel Pechman argued that deflation in China, which economists believe is an issue, would leave short to mid-term adverse impacts on Bitcoin, commodities, as well as stocks that rely on global economic growth. …
Read More: China’s Deflationary Woes and the Ripple Effect on Bitcoin
In the latest episode of Macro Markets, analyst Marcel Pechman argued that deflation in China, which economists believe is an issue, would leave short to mid-term adverse impacts on Bitcoin, commodities, as well as stocks that rely on global economic growth. …
Read More: China’s Deflationary Woes and the Ripple Effect on Bitcoin
Source：https://cryptonews.com/news/chinas-deflationary-woes-ripple-effect-bitcoin.htm
