📢 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. 🌟
🔸 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.
🔸 Bitcoin has the advantage of eliminating the risk of confiscation compared to gold, as private keys can be memorized.
🔸 “Bitcoin offers a solution that allows for a rapid and relatively unobtrusive movement of value across borders,” said Markus Thielen, Head of Research at Matrixport.
🚀 Do you think Bitcoin plays important roles as a store of value and speculative financial asset similar to gold? We are waiting your comments! 💬
🔸 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.
🔸 Bitcoin has the advantage of eliminating the risk of confiscation compared to gold, as private keys can be memorized.
🔸 “Bitcoin offers a solution that allows for a rapid and relatively unobtrusive movement of value across borders,” said Markus Thielen, Head of Research at Matrixport.
🚀 Do you think Bitcoin plays important roles as a store of value and speculative financial asset similar to gold? We are waiting your comments! 💬