#BinanceSquareFamily
Today's report discusses Bitcoin from a different perspective, as we reassess the outlook for the digital currency in the context of its maturation and benefits in enhancing investment portfolios.
Without further delay, here’s a summary of what we discovered.
Bitcoin: Price Assessment and Mature 'Asset Class'
Market Commentary
Bitcoin has delivered strong returns over the past year, following a decline during the early stages of global interest rate hikes and the concurrent bear market. Despite its recovery, it has seen a slight decline since the beginning of the year, likely attributed to a broad-based pullback in high-risk equities and a technical correction.