Bitcoin (BTC) $64,919.19 -1.47%
Ethereum (ETH) $1,899.52 -1.98%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 76.795003 -1.21%
Chainlink (LINK) $8.52 -1.77%
Cardano (ADA) $0.17 -1.43%
Litecoin (LTC) $46.76 -0.05%
Dash (DASH) $33.60 0.02%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.200593 -2.01%
X-Cash (XCASH) 4.0E-6 0.00%
Dogecoin (DOGE) $0.00 -0.92%

Cryptocurrencies: 29554

Markets: 110465

Market Cap: $2,217,701,635,865

24h Vol: $58,649,507,928

Coin-turk.com

2023-11-21 19:49:03

Why Bitcoin Can Rise in a Long Stagnation Period?

Why Bitcoin Can Rise in a Long Stagnation Period?

Will Clemente, the co-founder of Reflexivity Research and a renowned on-chain analyst, shared an intriguing perspective on the potential performance of Bitcoin in a stagnant environment with cryptocurrency investors through a detailed analysis. According to Clemente, Bitcoin’s deviation from being a traditional asset dependent on economic performance and its adoption as a hedge against monetary value depreciation, similar to gold, could be the reason for its rise.The post Why Bitcoin Can Rise in a Long Stagnation Period? appeared first on COINTURK NEWS.

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