Sun Lijian, Fudan University: This Bitcoin boom stems from international financial expectations.
According to the 21st Century Business Herald on April 21, Sun Lijian, director of the Center for Financial Research at Fudan University, said the Bitcoin boom was driven by the prospect of global inflation. Overall, there are three issues behind Bitcoin's tight financial watchdog and the recent “roller coaster” market for Bitcoin. Firstly, the reason why banks around the world are announcing that they will strengthen regulatory digital crypto tools like Bitcoin is also because the Bitcoin-seeking market has swallowed the benefits of national economic policies which in some way favor. measures actual business. Second, the US Treasury Department has reported that destruction of cryptocurrency by financial institutions or global dollar mergers is not included. Third, one of the main reasons for the volatility of the Bitcoin market is the demand for "short" by some demand.
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