With the negative interest rates, more people are refinancing their homes, yet at the same time putting more capital into savings.
Well the banks dropped the negative interest savings charges from the 1 Million and above accounts, to the 100,000 and above. But what is more disturbing is that there is no limit for the banks t bring it to all savings accounts, no matter what amount they hold.
This means more and more people will look to safeguard their savings elsewhere, like Bitcoin and the Cryptocurrencies.
Full article: https://finance.yahoo.com/news/banks-just-changed-rules-negative-040000108.html