October Crypto Coins It started exactly as expected, and the Upttober story becomes reality again. After the closure of September with earnings, too many analysts were waiting to see larger gains in October. With the news flow supporting this Bitcoin 
$120,326.87 It continues to find buyers over 122 thousand dollars. So what’s the connection with the pandemi?
PANDEM RISE IN CRIPTO COVERS
When money becomes abundant, the presence of scarce assets experience great rise. The rise triggered by the support checks given during the period of Pandemi was the last example of this. Trump He’il do more. The announcement, which was the reason for the last rise, came hours ago. According to this announcement, Trump plans to give incentives to US citizens.
We will proceed to the days when people reach cash money and spend their cash money with 1000-2000 dollars of revenue from customs duties. So what will happen when the citizens who receive a check of 2 thousand dollars start to invest in scarce assets?
Of course, such steps that cause money to become abundance will allow scarce assets to make greater gains. It’s not just that either. Trump will print $ 1 coins in which his own picture is printed to put more liquidity on the markets.
Treasury ministries are responsible for printing coins, and if Trump wants to win the midterm elections next year, he should support the oppressed citizens under high interest rates. This move, which makes sense as a selection strategy, means more liquidity, more rise.
US economy and crypto rise
In October, interest rates are now considered. Moreover, the law aiming to stop the closure of the government did not receive the necessary support. So we can see that closing for a few more weeks continues. In this process, new reports will not be published, just like the non -agricultural employment report is not published today.
Continually FedWe are talking about the dual duty of the bilateral task and that it is on both arms of a scale. Since the employment arm was outweighed for 2 months, the Fed would download interest last month and the kefes were not equalized. ADP data confirmed that labor markets are at the worst levels of 4.5 years. Moreover, low recruitment is like a bomb that can cause unemployment to splash with possible dismissal waves.
Interests It falls, the public is distributed money, and as a result crypto coins rise. Everything is very clear.
