Is Bitcoin the new digital gold? What do you think? Will it continue to draw global investment interest reaching over 100k in 2024 or will the price crash in the next months? One thing is for sure, BTC has also dragged along the price of ETHER (ETH) and other alternative cryptocurrencies.
Is it a good time to enter the cryptomarkets? Maybe yes, maybe not. The volatility is high, the risk is high and the returns can’t be predicted but only speculated, so enter at your own risk.
MicroStrategy has bought thousands of Bitcoins in a move that has triggered much talk and commentary on media, press and between crypto enthusiasts. BlackRock’s Bitcoin ETF has reached over $10 billion because of the crypto rally.
Even Donald Trump has recently commented that he considers Bitcoin as an alternative currency from which the dollar’s dominance is not threatened.
Financial markets in USA, UK and elsewhere have started opening exchange traded funds and products for cryptocurrencies.
Expect mass adoption in the coming years but governments and central banks will surely react and set new regulations and entry barriers.
-EK
EFSTATHIOS KASSIOS 
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