Will Nemirovsky - River Intelligence – Bitcoin Research & Analysis (Page 3)

Governmental Regulations in the Face of a Presidential Transition

The Biden administration will be enacting expansionary fiscal and monetary policy to combat the COVID-19 crisis. However, Steven Mnuchin is rapidly cutting spending in his final months as Secretary of the Treasury.

Market Insights

The U.S. Budget Deficit Grows in Record Fashion

The US is taking on debt at an unprecedented rate with no end in sight. COVID-19 is likely to force at least 1 more year of outsized borrowing as massive relief bills are progressing through the government.

Market Insights

Bitcoin Market Cap Hits All-Time High

The Bitcoin price has surged in recent weeks, as a result of institutional support from companies such as BlackRock and Visa. The current price breaks previous market capitalization records set in 2017 and approaches unit price records from the same period.

Market Insights

Bitcoin Surges on Election Results

The recent US elections has served as a tailwind for Bitcoin's growth due to expectations of inflation and large-scale government spending.