Coinbase: Bitcoin being seen as "digital gold" may stimulate the demand of new investors
2024-04-05 14:43:25
Coinbase stated in a research report on Friday that gold has performed well, which may benefit Bitcoin. Investors view Bitcoin as digital gold, which means that cryptocurrency can attract new demand in the current macroeconomic environment. The report states that the funds released by spot Bitcoin ETFs represent the most fundamental shift in market structure since the last cryptocurrency cycle.
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