The COVID-19 era is characterized by the bull market running in every corner of the financial market, including Bitcoin
making a comeback in Switzerland, one of the most financial forces in the world.
The Swiss National Bank (SNB) cut its interest rates to zero on Thursday to resist inflation, admiring the economic uncertainty created by the Swiss Franc (CHF) and President Donald Trump.
Returning zero is because tariffs threaten trade surpluses (such as Switzerland and China).
The latest tax rate is the sixth consecutive move by the bank as it began reducing borrowing costs in March 2024.
The return to zero of SNB may be a sign of what is going to happen in Europe and other high-level countries. A wide return to Bitcoin’s zero-interest rate policy (ZIRP) may be good.
