On April 6, Bloomberg released the April edition of its monthly “Crypto Outlook,” in which it outlined the bullish narratives around bitcoin and the burgeoning industry surrounding it. The report was notably bullish, particularly as it came from a reputable legacy firm in the financial and media industry. Here are some of the highlights:

“Bitcoin Fills The Digital Reserve-Asset Need In Low-Yield World”

“Adoption iterations for Bitcoin have entered a unique state of human nature that supports the crypto’s ascent, in our view. Money managers reluctant to cross the Rubicon and allocate at least a small portion of funds may be at risk as Bitcoin simply does more of the same, advancing in price amid unprecedented low interest rates and elevated equities.”

Source link

 


RELATED PRODUCTS
Ads by MyCBGenie 
 
Outbreak Manual

LEAVE A REPLY

Please enter your comment!
Please enter your name here