Express

Bloomberg:Bitcoin Trajectory Should Approach Gold-like Statusa

Amy Liu

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

Last Update:

Tags: ,,
Link: Bloomberg:Bitcoin Trajectory Should Approach Gold-like Statusa   [Copy]
  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 2 days ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 3 days ago
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 8 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 9 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 20 days ago
  • You need to login to comment.