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Bitcoin Reaching a 'Tipping Point': Fidelity Digital Assets Head

From decrypt.co

According to Tom Jessop, head of Fidelity Digital Assets, Bitcoin adoption has reached a "tipping point" thanks to an environment of "unprecedented monetary and fiscal stimulus." Speaking at the Investing in Crypto virtual event series hosted by MarketWatch and Barron’s, Jessop pointed to "a host of reasons" for the adoption of digital assets to proceed "at an accelerated pace." These include near-zero interest rates and easy-money policies—something the US Federal Reserve, as recently reaffirmed by its chairman Jerome Powell, has committed to until the economy has recovered from the coronavirus pandemic. "We’re ... (full story)

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  • Category: Fundamental Analysis