Bitcoin’s Surge May Rest on Fragile Expectations | Presented by CME Group
November 22, 2024
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1:36Now PlayingBitcoin’s Surge May Rest on Fragile Expectations | Presented by CME Group
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as posted by the channelYeartodate, Bitcoin is up a staggering 110%, making it one of the year's best performing assets. That surge was initially driven by a wave of institutional adoption early in 2024, but the possibility of a new, cryptofriendly administration in the US, which was confirmed on November 6, also supplied a dramatic updraft. Market talk has now extended to the possibility of an official US strategic reserve of Bitcoin but how realistic are these expectations? Is there a possibility that Bitcoin could be disappointed by any government change of heart? Presented by @cmegroup
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