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Threat it for the Bitcoin: Has BTC matured to be a secure funding play? By Cointelegraph

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Threat it for the Bitcoin: Has BTC matured to be a secure funding play?

has typically been described because the “digital gold” of the twenty first century, however is the cryptocurrency really dependable as a brand new secure haven in opposition to monetary uncertainty and inflation? The query is a tough one to reply, however the actions of quite a few main establishments and the feelings of some well-renowned funding managers counsel that Bitcoin (BTC) is turning into extra engaging as a hedge in opposition to these fears.

Enterprise analytics agency MicroStrategy has led the institutional cost into Bitcoin over the previous six months, having bought greater than $1 billion price of BTC after adopting the cryptocurrency as its major treasury reserve asset. The corporate now holds roughly 70,784 BTC.

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