#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
JPMorgan: The weakening of the US dollar provides more room for maneuver for emerging market Central Banks.
Jin10 data reported on April 11, MSCI Emerging Markets Currency Index hit a one-week high on Friday. Alex Wolf, Head of Asian Investment Strategy at JPMorgan Private Bank, stated: "In the context of slowing trade, the broad weakness of the US dollar makes the monetary policy outlook for emerging market central banks clearer. As global investors express disappointment with the exceptionalism of the United States, capital outflows have led to a weaker dollar, boosting emerging market currencies (with a few exceptions) and providing more room for central banks to formulate policies."