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Brian Kelly About the Positive Impact of Currency Wars on the BTC Rate

Neironix
August 13, 2019 12:00 AM
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Brian Kelly About the Positive Impact of Currency Wars on the BTC Rate

The cryptocurrency community gave Kelly a nickname the “Bitcoin bull”, as he predicts the resumption of the Bitcoin rally with a certain frequency. It is worth noting that his opinion often matches with experts such as Tom Lee, Mike Novogratz, Max Keiser, etc. All these people have repeatedly stated that Bitcoin is one of the best tools for hedging currency risks at the moment.

Amid global instability and the largest global financial crisis growing over the past 100 years, large investors are looking for ways to protect their own capital, and this has a positive effect on the rate of the main cryptocurrency.

According to Brian Kelly, besides currency wars, there are several other factors that strengthen the BTC: firstly, the negative yield of government bonds, and secondly, Brexit in the UK.

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