citi research, due to the subsequent economic moves of the USA bitcoinAnd EthereumHe stated that it could be negatively affected.
Famous Rockefellera family establishment Citigroupdraws attention with its moves towards the US economy. Citigroupwithin the citi researchevaluated risky assets in the light of recent developments in the USA. citi researchstrategists, especially BTCAnd ETHHe thinks that . will provide negative returns in possible scenarios.
strategiststhe consequences of the risk of debt default in the United States, BTCAnd ETHHe predicts that it will reflect negatively on .
Citi Research Uneasy for Bitcoin and Ethereum
Citigroupwithin the citi researchof the US treasury 1 trillion dollarsHe claimed that he was facing excessive obligations and that he would print US dollars to settle it. strategistsHe stated that this supply boom may drain the liquidity in the banking sector and trigger a recession in the short term.
Based on this prediction, strategists stated that the crypto market is not immune to US debt default and printing US dollars against negative developments. In conclusion Citi ResearchDecentralized risk of US government default digital assetsHe said there was no positive signal for him.
On the other hand Citi Indexsenior market analyst Fiona CincottaHe suggested that the factor that could pave the way for the rise in Bitcoin would be the Fed’s dove policy.
Citigroup, bitcoinHe thinks that the U.S. is well fed by the banking problem in the US, however, the scenario now anticipated is new to crypto.
