A characteristic of the Covid era that characterized Toro’s career in every corner of financial markets, including Bitcoin
He has returned in Switzerland, one of the most financial powers in the world.
The Swiss National Bank (SNB) reduced its interest rate to zero on Thursday, to counteract the fall in inflation, appreciating the Swiss Franco (CHF) and the economic uncertainty caused by the commercial war of President Donald Trump.
The return to zero occurs when tariffs threaten to deflate nations with commercial surpluses, such as Switzerland and China.
The last rate cut is the sixth consecutive movement of the bank since it began to reduce indebtedness costs in March 2024.
The return of SNB to zero can be a sign of things to find Europe and other advanced nations. A broad base return to zero interest rates policy (ZIRP) can be a good omen for Bitcoin.
