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Bitcoin And Crypto Brace For A European Central Bank Bombshell

by CBDC Insider
November 11, 2020
in Business, Europe
Reading Time: 1min read
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Bitcoin And Crypto Brace For A European Central Bank Bombshell
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Bitcoin and cryptocurrency prices have soared over the last few weeks, pushed on by a raft of positive news and boosted by the U.S. election.

The bitcoin price has also climbed after central banks around the world, including the U.S. Federal Reserve last month, have signalled they are increasingly looking into digitalizing their currencies, potentially opening up the bitcoin and crypto market to millions.

Now, bitcoin and crypto watchers are braced ahead of the European Central Bank’s (ECB) two-day annual forum, beginning today—with ECB president Christine Lagarde, who last month said the ECB “should be prepared to issue a digital euro,” set to speak about the “implications of fundamental global changes for central banks.”

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Read more: https://www.forbes.com/sites/billybambrough/2020/11/11/bitcoin-and-crypto-braced-for-an-ecb-bombshell/?sh=6cda79f3128d

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