Bitcoin is emerging as a new financial safe haven in light of decreased faith in government bonds. Bitwise CEO Hunter Horsley asserts that Bitcoin’s opportunity lies in the 30 trillion USD currently stored in U.S. Treasuries.
Horsley highlights substantial upcoming demand from treasury companies in Q3, indicating a trend where key public firms are looking to adjust their investment strategies towards Bitcoin.
He notes discreet Bitcoin ownership among millions and predicts that as adoption continues, further price increases will follow, particularly if Bitcoin crosses thresholds like 130,000 USD.
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