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Bloomberg:Bitcoin Trajectory Should Approach Gold-like Statusa
Summary: As the stock market continues to fluctuate, investors are approaching Bitcoin in a similar way to assets like gold, according to a report by Bloomberg. Based on historical trends, the price of Bitcoin is now on track to reach the $100,000 mark by 2025. The report, the Q4 Edition of the Bloomberg Crypto Outlook, shows ...
As the stock market continues to fluctuate, investors are approaching Bitcoin in a similar way to assets like gold, according to a report by Bloomberg. Based on historical trends, the price of Bitcoin is now on track to reach the $100,000 mark by 2025.
The report, the Q4 Edition of the Bloomberg Crypto Outlook, shows that Bitcoin is likely to benefit from an increasingly volatile stock market and be treated as a store of value, like precious metals.
By Amy Liu
Tags: Bitcoin,Gold,Stock
Link: Bloomberg:Bitcoin Trajectory Should Approach Gold-like Statusa [Copy]