experienced a 0.84% dip in the last 24 hours, reaching $65,494.96, the optimism among various Bitcoin maximalists regarding its future trajectory remained unaltered.with Anthony Pompliano at the Bitcoin Investor Day in New York, shed light on how Bitcoin could reach $1.5 Million.
“I think it’s done a great service for Bitcoin and digital assets generally because this is just the beginning of a completely new asset class.”Wood also attributed the current price volatility of Bitcoin to increasing demand, driven not only by ETF investments but also by macroeconomic factors. “Many people think of Bitcoin as a risk on asset and it’s certainly has traded like that over time, but we have been looking at it as both risk on and risk off.”“Regional bank crisis last year kind of confirmed that point of view, that here Bitcoin more than doubled as regional banks were imploding.”
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