Jurrien Timmer highlighted that Bitcoin (BTC) has the potential to disrupt the commodity global industry as it has value and is highly sought after to hedge against monetary debasement.
While gold has been used over the years to store value, Timmer highlighted that it has failed to be used as a medium of exchange, an area where Bitcoin has excelled.
After a detailed consideration, Jurrien Timmer, the director of global macro at Fidelity Investments, has highlighted that Bitcoin (BTC) has the potential to dethrone Gold’s market capitalization with the narrative of digital store of value.
Timmer noted in a series of tweets that Bitcoin price has been following the previous cycles separated by the programmed halving event.
Consequently, Timmer concluded that Bitcoin price is likely to revisit its all-time high in the next two years and possibly rally beyond $100k. Moreover, Bitcoin price has been following an exponential plane that can be extrapolated including the diminishing ret
The Cardano Network Is Doing Well, But the ADA Coin Doesn’t Seem to Follow – SPCT and XLM Turn Out More Profitable This July
The post The Cardano Network Is Doing Well, But the ADA Coin Doesn’t Seem to Follow – SPCT…