BTC 70k$ πŸš€πŸš€

Cmd2...dtvr
14 Jan 2024
6

Bitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight. Wikipedia
Bitcoin is an innovative payment network and a new kind of money. Find all you need to know and get started with Bitcoin on bitcoin.org.

Jeroen Blokland, a prominent money manager, noted that this rally feels distinctly different from previous ones, signaling a potential shift in Bitcoin's role in the broader financial landscape.

This sentiment comes at a time when the crypto market is witnessing renewed interest, partly fueled by the anticipation of potential spot Bitcoin exchange-traded funds (ETFs).

Bitcoin's new role as an "accepted" asset class
After experiencing a period of decline due to various crypto scandals and negative market sentiment, Bitcoin's recent price movement marks a significant turnaround.

Unlike past rallies, the current surge is underpinned by Bitcoin's growing acceptance as a legitimate asset class among investors, Blokland says.

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