Good news from Bernstein:
【Bernstein: Bitcoin will replace gold in the next decade】Brokerage firm Bernstein predicts that in the next ten years, Bitcoin will replace gold as the primary "store of value" and become an indispensable part of institutional and corporate finance. This prediction was made by analyst Gautam Chhugani in his report after Bitcoin's price soared to $100,000, achieving a 141% annual increase. This significant growth is largely attributed to market expectations following the U.S. elections that the Trump administration may introduce more cryptocurrency-friendly policies. The report further predicts that by the end of 2025, Bitcoin's price could soar to $200,000. Meanwhile, D.A. Davidson's Gil Luria also believes that Bitcoin is an appreciating asset with a low correlation to inflation, which is distinctly different from gold. He pointed out that Bitcoin's value depends more on its level of acceptance rather than traditional economic indicators.
Hot news:
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