China Fund News: The Federal Reserve cut interest rates, Facebook issued money, and production halved to boost Bitcoin

On June 22nd, the China Fund reported that “Bitcoin broke through the screen: the weekend of the currency circle was soaring 240% in the past six months”. The article mentioned that the industry believes that there are three main reasons for Bitcoin to break the million: First, the Fed The possibility of a rate cut is increasing. Second, Facebook will issue coins. Third, production will be halved next year. The next bitcoin mining incentive will be halved. It is expected to occur in 2020. But Newham Investment Management's global equity portfolio manager, Maham, reminds everyone: "For ordinary investors, the attractiveness of Bitcoin is still too limited. The risk of bitcoin is very large and the volatility has been great."