Interest Rate Reduction and Cryptos
07
Jun, 2024

Interest Rate Reduction and Cryptos

First of all the Central Banks, European Central Bank reduced the basic interest rates by 0.25 % for the first time since 2019, making many investors around the world to breath better.

 

Maybe this move is predicting what will happen from FED and a possible reduction from them also ?

 

How this interest rate reduction affect cryptos ?

 

The interest rate reduction enables the money flow to become more easy as money is becoming cheaper and cheaper. Cryptos are alternative form of investments and are favored from market cycles, as the newly profits which are created in the traditional financial markets are looking for new ways for investments.

 

For that reason, new interest rates reductions will bring new hyper-returns organically in crypto markets as many institutional investors are expected to select to diversify their portfolios.

 

And now they have ETFs to select also…….

 

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Agios Dimitrios Athens, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).