According to Foresight News, Andrei Grachev, a partner at DWF Labs, expressed his views on Bitcoin's evolving role in the financial landscape. Grachev stated that while Bitcoin is technically a cryptocurrency, it functions more like a traditional financial asset. He anticipates that Bitcoin's share in the fiat market will continue to expand.
Grachev further predicted that Bitcoin's price is likely to increase over the long term, while its trading volume may see a decline. His comments highlight the ongoing debate about Bitcoin's position within both the cryptocurrency and traditional financial sectors.