Delphi Digital Outlines Optimal Overview Of How Slow Economic Growth Will Boost Bitcoin

Delphi Digital Says Slow Economic Growth Will Boost Bitcoin

Delphi Digital, an independent cryptocurrency analyst, released its Quarterly Macro Report. Therein, the company contends that bitcoin is bound to outperform expectations due to slow economic growth.

According to the report, there are five factors that indicate that investors may be making a move to bitcoin as the economy slows down. First, a tighter monetary policy is being advocated for by the fed, and as a result, there will be a cap on growth.

Second, the yield on 10-year U.S. treasury bonds has declined to 2.5 percent from 3.2 percent six months ago. This ultimately may cause riskier investments.

Third, the seven to eight percent discount rate for private and public pension funds is not sufficient in light of the below three percent yields on bonds.

Fourth, price appreciation in the stock market seems to be doing poorly as well.

Lastly, some are still concerned about a recession or a GDP decline.

These factors just may influence the move to bitcoin because it works well to hedge against global currency devaluation and underperformance in terms of market growth.

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