๐ข According to crypto service provider Matrixport, the demand for Bitcoin (BTC) as a digital store of value is an important factor increasing the popularity of crypto money. BTC's market cap is $540 billion, equivalent to 10.8% of the market cap of physical financial gold. ๐
๐ธ It is stated that if the US Securities and Exchange Commission (SEC) approves the US spot Bitcoin ETF, there may be inflows of $ 20 - 30 billion and the crypto money may lead to a big rally.
๐ธ Bitcoin has the advantage of eliminating the risk of confiscation compared to gold, as private keys can be memorized.
๐ธ โBitcoin offers a solution that allows for a rapid and relatively unobtrusive movement of value across borders,โ said Markus Thielen, Head of Research at Matrixport.
๐ Do you think Bitcoin plays important roles as a store of value and speculative financial asset similar to gold? We are waiting your comments! ๐ฌ
๐ธ It is stated that if the US Securities and Exchange Commission (SEC) approves the US spot Bitcoin ETF, there may be inflows of $ 20 - 30 billion and the crypto money may lead to a big rally.
๐ธ Bitcoin has the advantage of eliminating the risk of confiscation compared to gold, as private keys can be memorized.
๐ธ โBitcoin offers a solution that allows for a rapid and relatively unobtrusive movement of value across borders,โ said Markus Thielen, Head of Research at Matrixport.
๐ Do you think Bitcoin plays important roles as a store of value and speculative financial asset similar to gold? We are waiting your comments! ๐ฌ