Express

CoinShares Investment Strategist: Bitcoin is Becoming a Reliable Store of Value

Amy Liu

Summary: According to Bloomberg, CoinShares investment strategist James Butterfill stated that Bitcoin is becoming a reliable store of value. Butterfill said that the market value of Bitcoin is currently only 3.1% of gold. If this ratio rises to 5%, it means that the price of Bitcoin will rise from the current $19,000 to $31,300. This is ...

According to Bloomberg, CoinShares investment strategist James Butterfill stated that Bitcoin is becoming a reliable store of value. Butterfill said that the market value of Bitcoin is currently only 3.1% of gold. If this ratio rises to 5%, it means that the price of Bitcoin will rise from the current $19,000 to $31,300. This is particularly attractive at a time when monetary policy is unprecedentedly loose. For these reasons, investors will naturally compare Bitcoin to gold.

By Amy Liu

Last Update:

Tags: ,,,
Link: CoinShares Investment Strategist: Bitcoin is Becoming a Reliable Store of Value   [Copy]
Next:

Related Articles

  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 5 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 6 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 13 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025

    • You need to login to comment.