Bitcoin’s Bull Case Gets Massive Boost as Calls for Negative Rates Mount

One of the most prominent Bitcoin narratives is that it is an asset not correlated with the going-ons of Wall Street, of the traditional world. Although this was seemingly the case for much of its earliest years, the past few years have seen macroeconomic and geopolitical trends affect the cryptocurrency market.

This was accentuated in March when there was a global liquidity event that saw investors in all markets rush to sell their assets for U.S. dollars.

On March 12th, stocks, commodities, Bitcoin, and even precious metals all fell in tandem, experiencing their worst trading days in years. That day has since been dubbed “Black Thursday.”

But, the effect that traditional finance has on Bitcoin could be a good thing, with the asset’s bull case recently getting a massive boost as calls for negative interest rates in the U.S. have mounted.

Negative Interest Rates In the U.S.?

Over the past few weeks, the economic situation around the world has trended worse and worse, despite…