“It’s still undoubtedly a volatile, in many cases speculative, in many cases levered, in many cases traded asset,” Baehr said. “But its properties hold promise that, over time, its scarcity, its portability, and its lack of attachment to any government or corporation’s policies make it a really interesting asset to consider as a store of value.”
Related posts
-
Market Expert Says It’s Now ‘Illegal’ To Short Bitcoin, Here’s Why
Bitcoin’s price action has shown intense strength in recent days to finally bounce fully from the... -
Bitcoin Breakout Not Just Hype—$4.4B Inflows Back The Move
Bitcoin has set a new all-time high (ATH) above $112,000, and if on-chain data is to... -
Bitcoin Smashes Through $117K on Bitstamp
Bitcoin blasted through a fresh all-time high today, touching $117,000 on Bitstamp during a powerful hourly...