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Bitcoin: Interest will be higher with the new options

2020-01-13 11:14:43

The article I am going to write today is about Bitcoin and everything about Interest will be higher.

Why talk about Interest will be higher in relation to Bitcoin?

This is a note that has been published recently by the Bloomberg portal, exactly on Friday, January 10, where you can clearly read that according to the largest bank in the United States, there is a possibility that the interest is much higher, This has a certain impact with the new options presented by the new CME launch, a statement made by Nikolaus Panigirtzoglou, a member of JP Morgan.

What is JP Morgan's opinion of Bitcoin investors?

According to JP Morgan, the great anticipation of interest will be higher, it can be reflected as “an unusually strong activity of recent days probably reflects the great anticipation of market participants to the options contract”, as this is really seen as a big change, since the debut of the CME in December 2017, could bring about the fall of Bitcoin prices, since this is a possible anticipated future, because obviously the volumes of this product are still very low, marking a contrast considerable that interest will be higher, according to analysts as well as the concept that Cointelegraph has.

What is the impact that we can glimpse in the market?

The main concept may be favorable due to the events that have happened today in relation to Iran, as it is an epicenter of geopolitics, because this crisis has a global focus, so that Bitcoin can reach around 20,000 dollars in this same year.

According to Sonny Singh, direct from BitPay, investments in Bitcoin can move the markets in a concrete way, this opinion said in an interview recently conducted by Bloomberg. In this sense, the BTC / USD performance has presented gains in the order of 15 percent, since it went from $ 7,300 last weekend to $ 8,400 these days, which presents a considerable increase, at least this is a opinion issued by JP Morgan.

With this we can assume that interest will be higher for Bitcoin according to global geopolitics.

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