
Bitcoin a new stage of growth
10.12.2024
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15Analysts believe that Bitcoin's price increase is driven by its unique characteristics, including limited supply and growing demand, based on investors' confidence in its potential. Bitcoin is becoming an attractive tool for asset diversification, especially for investment funds, due to its role as both a store of value and a payment method.
After the US presidential elections, Bitcoin reached record highs, signaling its increasing adoption and a decrease in correlation with traditional assets. Experts at BlackRock believe that, as Bitcoin continues to spread, it will evolve into a hedge against inflation, much like gold. Michael Saylor from MicroStrategy added that buying Bitcoin will always be justified, as it will continue to grow in dollar terms.