Fidelity: Bitcoin Has Entered a More Mature Adoption Phase
Jurrien Timmer, Head of Global Macro at Fidelity, said that Bitcoin is in the late stages of its adoption cycle and is less volatile. He noted that Bitcoin has become an important part of portfolios and recommended a 2% allocation to Bitcoin. He predicted that Bitcoin will mature and become less volatile, which will attract more institutional investors.
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.
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Buffett will release his farewell letter on November 10 local time.