Page 62 - கிரேஸ்கேல் பிட்காயின் நம்பிக்கை News Today : Breaking News, Live Updates & Top Stories | Vimarsana
What the Coinbase Listing Means for the Price of Bitcoin and Other Cryptocurrencies
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Crypto Long & Short: Peter Thiel Defines Bitcoin s Accidental Role in Global Politics
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Crypto Mom Believes Market Has Grown, Remains Coy on Bitcoin ETF Approval
Last Updated: 12 April 2021
The cryptocurrency market has been described as matured by Hester Peirce, a Commissioner for the US Securities and Exchange Commission (SEC), otherwise known as Crypto Mom.
Peirce remarked during an interview with a correspondent of Bitcoin.org.
Cryptocurrency Market Has Greatly Matured
Peirce’s assertion was not unconnected to the emerging interest of institutional investors in digital assets.
She explained that the growing trend of large institutions in the mainstream financial industry picking interest in Bitcoin is an indication that the market has matured.
It would be recalled that several institutional investors like Tesla, Goldman Sach, and others have made bets on Bitcoin.
Tesla Motors (TSLA) - Bitcoin Could Be Today s Gold Standard, Cathie Wood Tells Elon Musk
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Following
4/12/2021 3:37:42 AM GMT
Bitcoin has recorded a 101% return in Q1 this year, outperforming many traditional assets.
Institutional demand continues to be a massive driver for the Bitcoin price.
Miners have stopped selling the leading cryptocurrency, and Bitcoin whale addresses have been increasing.
Bitcoin has outperformed many traditional assets in the first quarter of 2021, as institutional investors have flocked to the cryptocurrency as a hedge against inflation.
Bitcoin outperformed traditional assets in Q1
The world’s largest cryptocurrency has witnessed a parabolic price run in the past few months, as many governments worldwide have been easing the effects of the pandemic with new fiscal stimulus packages.