«For those people that want to buy and hold BTC for the long term, this attractively high investment yield can provide a sort of «buffer» against unfavorable decrease in BTC value vs other currencies or assets and perhaps make the
spot currency market volatility a little less painful for those that are holding bitcoin for the future.»
As currency wars and monetary policy decisions continue to increase
global currency market volatility, the development and strengthening of cryptocurrencies should become even more important in the coming years.
Though
currency market volatility is likely to continue, Russ sees the greenback continuing to move higher for these reasons.
Equity and
currency market volatility is helping to drive cash inflows for municipal bond funds and when combined with manageable new issue supply has helped foster a stronger muni bond market.