The news has already stimulated Bitcoin growth by 2%. The 10x Research team urged investors to hold on to Bitcoin while avoiding Ether and other altcoins.

“Our previous analysis showed: a decrease in the consumer price index, as a rule, leads to an increase in the rate of the first cryptocurrency. We expect this trend to continue,” the report said.

At the same time, 10x Research refused to make a forecast of exactly how much the Bitcoin rate will increase in the short term.

Earlier, Canadian DeFi Technologies, which specializes in providing investors with access to Web3 and decentralized finance (DeFi), announced that it would make Bitcoin its main reserve asset.