{"id":147902,"date":"2025-01-29T11:30:06","date_gmt":"2025-01-29T09:30:06","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=147902"},"modified":"2025-01-29T11:02:04","modified_gmt":"2025-01-29T09:02:04","slug":"czech-national-bank-weighs-bitcoin-investment-as-rate-cut-looms","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/czech-national-bank-weighs-bitcoin-investment-as-rate-cut-looms\/","title":{"rendered":"Czech National Bank Weighs Bitcoin Investment as Rate Cut Looms"},"content":{"rendered":"

He plans to present the idea to the central bank\u2019s board, arguing that Bitcoin<\/a><\/strong> would be a valuable addition to its asset portfolio. If the plan moves forward, up to 5% of the institution\u2019s \u20ac140 billion ($146 billion) in reserves might eventually be allocated to the cryptocurrency.<\/p>\n

Michl also signaled a likely reduction in interest rates, stating that a 25-basis-point cut could be implemented as early as next week. His remarks, published in the Financial Times<\/a><\/strong>, reflect a broader trend of increasing institutional interest in digital assets.<\/p>\n

He believes Bitcoin\u2019s appeal extends beyond political figures, emphasizing that its growth is driven by market forces rather than endorsements from leaders like U.S. President Donald Trump. Despite this, the cryptocurrency reached record highs this month, coinciding with Trump\u2019s return to office and his pro-crypto stance.<\/p>\n