Is Bitcoin the new digital gold?
Bitcoin’s stratospheric rise in recent years has put it in the front of many investors’ minds. The cryptocurrency could evolve to become more investor-friendly over time, so it does bear watching.
Bitcoin’s stratospheric rise in recent years has put it in the front of many investors’ minds. The risks of a central bank or other regulatory intervention, its negative ESG footprint, and other attributes of immaturity in the digital asset market are formidable obstacles to widespread adoption. Bitcoin and the wider cryptocurrency market could evolve to become more investor-friendly over time, so it does bear watching.