Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capital

Bitcoin traded around $64,000 on July 25 after changing hands near $65,000 around the ECB’s July 23 decision as the central bank kept rates unchanged, its bond portfolios continued shrinking, and euro-area banks tightened access to business and housing credit. The ECB kept its three key interest rates unchanged, leaving the deposit facility rate at … The post Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capital appeared first on CryptoSlate.

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