Reported about 2 months ago
The article discusses how institutional investors are reshaping Bitcoin's role within the global financial landscape. Rob Nelson suggests that Bitcoin's value may correlate more closely with the strength of the U.S. dollar rather than traditional market movements. David Gokhshtein emphasizes that the involvement of major financial institutions, such as BlackRock, indicates growing confidence in Bitcoin's long-term value. He compares Bitcoin's potential growth to that of gold and highlights its resilience during global uncertainties, portraying it as a significant store of value.
Source: YAHOO