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Understanding Bitcoin’s Resilience
Bitcoin’s often viewed as a volatile asset. And the largest cryptocurrency’s recent price action confirms as much. The bumpiness associated with bitcoin arguably belies the fact that it’s also resilient. Though arguably underappreciated today, that resilience could foster more bitcoin adoption. It could also drive more investors to consider ETFs like the CoinShares Valkyrie Bitcoin Fund (BRRR). Knowing bitcoin is resilient is one thing, but knowing how that foundation is built is also important. The network on which bitcoin transacts is an integral part of the equation. It’s cumbersome and expensive to ... (full story)
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- Posted: Jan 16, 2025 2:21pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 147
