Reported 1 day ago
Bitcoin's recent drop of over 25% from its January high has raised concerns among investors, but Anthony Pompliano, CEO of Professional Capital Management, assures that such volatility is typical for the cryptocurrency. He emphasizes that Bitcoin's value is inherently linked to global liquidity, stating that its price fluctuations are expected and a part of its investment nature. In discussions about the future, Pompliano also touches on the potential impact of the U.S. government acquiring Bitcoin as part of a strategic reserve.
Source: YAHOO