@cryptoathome
Fidelity: BTC could become an alternative to gold for savings and may grow to $444,000 in an optimistic scenario 🤑
The conservative BTC forecast for 2025 is $220k.
Since the beginning of the year, gold has shown a return of +30.3%, while BTC has only gained 3.8%. However, the situation is changing — Bitcoin's Sharpe Ratio has approached that of gold, meaning their risk/reward profiles are nearly equal.
Meanwhile, JPMorgan CEO Jamie Dimon stated that he's not a fan of BTC, but his bank will allow clients to purchase cryptocurrency 😊
In the U.S. Senate, a procedural vote also took place on the GENIUS stablecoin regulation bill.
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