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Why Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buying

CryptoSlate
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Why Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buying

The New York Fed’s Sept. 2 analysis separates currency choices from reserve-size changes, leaving sovereign Bitcoin demand unproven. The post Why Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buying appeared first on CryptoSlate.

Key Takeaways

  1. The New York Fed’s Sept.
  2. 2 analysis separates currency choices from reserve-size changes, leaving sovereign Bitcoin demand unproven.
  3. The post Why Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buying appeared first on CryptoSlate.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.