Continuation of money printing policy implemented by central banks will likely cause further depreciation of dollar which has reached its its two-year minimum against euro
Crypto growth stimulating
The US stock market is still in recession despite some stable money injections from the Federal Reserve.
As a result, Bitcoin sees some discrepancy with the American stocks.
In case such tendency continues this may revive the narrative US assets, escpecially considering that S & P 500 and Dow Jones will not manage to publish some significant recoveries in the upcoming weeks
The recent reports on numerous vaccine trials that have reached the final stage of testings, can become the stimulus for stock market growth. According to The Guardian interview with the US public healthcare expert and the member of the coronavirus task force in the White House Anthony Fauchi, the vaccine against the deadly virus may be licensed this autumn.
The second wave of economic stimulating will enable citizens invest their money into crypto. A lot of them got high profit from putting money into crypto, and therefor experts are sure the trend would continue. Especially considering the fact that the continuing money printing will only lead to inflation and economic collapse.
