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Coinbase: With ETFs easing volatility, Bitcoin as "digital gold" may bring sustained demand

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2024-04-07 01:38:40
David Han, a research analyst at Coinbase, wrote in a report released yesterday that in our view, the increasing acceptance of Bitcoin as a form of 'digital gold' may increase demand for new investors in this market system. Therefore, we believe that compared to previous cycles, a price correction may lead to more active buying, even if volatility persists during the price discovery period.
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