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Bitcoinist
2019-11-06 13:30:52

Bitcoin Awaiting Slice of Investors’ Trillions in Cash Reserves

Wary investors are holding about $3.4 trillion in cash, waiting for the right moment to enter the markets. This huge cash stockpile demonstrates investors’ worries amid the Sino-US trade conflict. Nevertheless, some economists argue that excessive cash reserves will drive the stock markets even higher, and the bitcoin and crypto space might also be a beneficiary. Money-Market Funds Thrive Despite Lower Interest Rates Money-market funds have expanded by $1 trillion in assets over the lastRead MoreThe post Bitcoin Awaiting Slice of Investors’ Trillions in Cash Reserves appeared first on Bitcoinist.com.