Financial Stability Board told G-20 in a letter that cryptocurrencies do not pose any threat to global financial systems at least for now. This is because their combining market value is less than 1 percent of the global GDP.
Read more here: Bitcoin Rises After Financial Stability
Read more here: Bitcoin Rises After Financial Stability
THis could be the answer to all bitcoin enthusiasts prayer and hope. Possibly the price of bitcoin could break the 10k$ value by the coming weeks due to the good news. But let us just hope since even though there are good news the bad news about bitcoin is already on the streak and steadily appearing like a rain fallinf from the sky. But hope the good news brought about by the G20 meeting could overpower all the bad news that has been kicking btc to fall.