The economist named the reasons for the record jump in the bitcoin exchange rate
Financial analyst Alexander Razuvaev named on Thursday, July 10, several reasons why the bitcoin exchange rate is growing at a record pace.
"There are a number of activists who believe that it will replace standard money, someone is confusing crypto and digital money, and most importantly: there is serious confidence that [US President Donald] Trump — it doesn't matter if he changes the leadership in the financial reserve — in general, he will break through the financial reserve, and the rate will be near zero, as under [former US President Barack] Obama," the economist said in an interview with Lenta.Ru .
According to the expert, it is difficult, but possible, and there is every chance that the American leader will do it in 2026. In this case, the cryptocurrency exchange rate will fly up, and the stock markets too, and there will be a lot more money in the economy, he believes.
"In addition, he has an ironclad argument for Americans and voters: by zeroing out the rate, he zeroes out debt payments. No matter how much you multiply by zero, you will still get zero," Razuvaev said.
The economist added that there is no limit to bitcoin's growth. But it is a speculative and high-risk asset, he noted, adding that he himself is a proponent of investing money in Russian stocks, bonds, and so on.
The day before, the cryptocurrency updated its historical maximum, IA Regnum reports. The cost of bitcoin rose for the first time to almost $ 112 thousand, according to the RT website.
On July 3, the head of the Central Bank of the Russian Federation, Elvira Nabiullina, said that the regulator still considers cryptocurrencies to be a risky and volatile asset. At the same time, she indicated that she allows the use of bitcoin in foreign economic activity, but against such means of payment within the country, NSN reports.
On May 12, Vasily Girya, CEO of GIS Mining, said that in the near future, the first cryptocurrency will be able to update historical records. 360.ru .
In May, the cost of bitcoin was $105 thousand. Since then, it has updated the historical maximum several times, the website says. kp.ru .
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