Tyr Capital CEO: BTC is expected to hit $120,000 in the next few months
According to Mars Finance news, Bitcoin has long been considered a possible hedge against geopolitical events. Edouard Hindi, chief investment officer of Tyr Capital, said that Bitcoin will still be a viable "doomsday asset" in 2024 because Its correlation with gold has increased recently and investors continue to diversify away from traditional financial assets, with a hit to $120,000 expected in the coming months. (CoinDesk)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yunshenchu Technology completes Pre-IPO round financing of several hundred millions of yuan
A certain address recently deposited 4 million USDC into Hyperliquid to go long on BTC and short on ETH.
Pudgy Penguins advertises at the Las Vegas Sphere
Trending news
MoreCrypto prices
More
