Knoqnoq Forum: Everything You Want to Discuss, Most Discussed in India
Search
Reply: 2

Is there still room for appreciation in BTC? Various real-world use cases

[Copy link]

305

Threads

1154

Posts

9841

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
9841
Post time 4-1-2024 12:28:44 | Show all posts |Read mode
As the first application of blockchain, Bitcoin (BTC), after years of development, has surpassed a market value of trillions of dollars, ranking among the top eight global assets. Unlike previous bull markets, the current Bitcoin bull market is driven by institutional investors and high-net-worth individuals.

Against the backdrop of global low-interest rates, institutions are seeking to achieve excess returns through cryptocurrency investments. BTC shares many similarities with gold in terms of inelastic supply, divisibility, and portability. In recent years, both have been inclined towards developing store of value functions. The low correlation and high returns of BTC with traditional assets will further promote its adoption by financial institutions in the future.

This post contains more resources

You have to Login for download or view attachment(s). No Account? Register

x
Reply

Use magic Report

154

Threads

816

Posts

5169

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
5169
Post time 4-1-2024 16:43:09 | Show all posts
There still seems to be room for appreciation.
Reply

Use magic Report

270

Threads

1658

Posts

110K

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
10093
Post time 4-1-2024 19:31:45 | Show all posts
There is a significant potential for growth.
Reply

Use magic Report

You have to log in before you can reply Login | Register

Points Rules

Quick Reply To Top Return to the list