Bloomberg: Americans Trade Depreciating Dollars For Bitcoin
Low-yielding dollar savings accounts aren’t cutting it for Americans anymore. A Bloomberg article claims that Americans are foregoing the safety of the dollar for more speculative assets like stocks, gold, and Bitcoin (BTC). High saving rates, low yields Because of the COVID-19 lockdown, the personal savings rate in the US is at a historic high.
Coin Telegraph - 31st Jul 21:07