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"Earlier this week, following the Federal Reserve's interest rate decision, the price of Bitcoin (BTC) dropped below the $27,000 mark as investors reacted to the news. The current market sentiment reflects a period of consolidation, possibly influenced by profit-taking after the upward trend in mid-September.
Despite ongoing market volatility, Anthony Scaramucci, founder of the global investment firm SkyBridge Capital based in New York, asserts that the worst of the bear market is behind us, and Bitcoin is superior to gold in terms of value and utility.
Scaramucci's bullish stance is based on his belief that Bitcoin will continue to gain popularity, especially among the younger generation, who he believes will play a crucial role in the mainstream adoption of cryptocurrencies over the next two decades." |
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Post time 25-9-2023 15:07:49
