Mercado Pago Executive: “There is a lot of uncertainty with the price of Bitcoin”
Agostina Colaizzo points out that the Bitcoin halving and the tensions between Iran and Israel, together with the US monetary policy, create an uncertain outlook
The arrival of the fourth Bitcoin Halving has generated many speculations about the impact it could have on the price of the mother cryptocurrency. However, in the face of the threat of war between Iran and Israel, as well as the unrest over the reduction of interest rates in the United States, it has raised “a lot of uncertainty,” as emphasized by the expert in cryptocurrencies, Banking & Investments, Agostina. Colaizzo, Manager of Mercado Pago, during an interview with AméricaEconomía.
According to Colaizzo:
“Bitcoin $BTC has always been very unstable, but this year, in particular, there is a lot of uncertainty with the geopolitical risk and the understanding of what is going to happen. For example, whether or not the United States Federal Reserve is going to lower interest rates and, if approved, when it will do so. That also effectively impacts the price of bitcoin.”
