Italy and Greece to Drive Bitcoin Price Further Upwards?

Italy and Greece to Drive Bitcoin Price Further Upwards?

The economic conditions in Italy and Greece may lead to increased demand for Bitcoin among investors and individuals. The banking system in Italy continues to wade through troubled waters. With no improvements in sight, the government of Italy is considering a bailout package for two major banks, Veneto Banca and Banca Popolare di Vicenza. The package worth 5 billion euros is still awaiting necessary regulatory approvals. The weakening banking sector will be receiving the aid in the form of “precautionary recapitalization” as part of the Eurozone regulations. Apart from the presently....


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