fromBitcoin Magazine
1 week agoBitcoin Just Hit All-Time Highs - But Analysts See It Going Much Higher
There are several key drivers for the bullish reversal. Macroeconomic uncertainty - including the ongoing U.S. government shutdown - has led investors toward alternatives like bitcoin, historically seen as a hedge against traditional financial risks. Geoffrey Kendrick, head of digital assets at Standard Chartered, believes that bitcoin's role as a safe haven is being amplified by the fiscal gridlock in Washington.
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