Monday, August 5, 2024

Is Bitcoin Still a Store of Value?

It depends on what you're trying to protect that value from. Day-to-day market volatility, no. Confiscation or monetary inflation, maybe.

source https://www.coindesk.com/markets/2024/08/05/is-bitcoin-still-a-store-of-value/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

No comments:

Post a Comment

Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout

Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% ch...