regulatory excess

According to reports, Matrixport, a cryptocurrency service provider, said in a report on Thursday that Bitcoin (BTC) benefited from the instability of the financial system, falling inflation made the Federal Reserve less tough, and regulatory excess hit stable currencies. With the persistence of these three trends, the price of Bitcoin may remain high and continue to rise. Investors have now awakened that the Federal Reserve’s interest rate policy has seriously damaged some investment portfolios and threatened the financial stability of the economy. Report: Regulators and central banks have classified Bitcoin as a commodity rather than a security Analysis based on this information:Cryptocurrency service provider Matrixport recently released a report stating that Bitcoin’s price rise is attributed to three major factors: financial system instability, falling of inflation rates, and regulatory excesses impacting stable currencies. These trends are expected to persist and push the value of Bitcoin even higher. One of the key factors contributing to Bitcoin’s growth is the instability of…