Browsing: investing in Bitcoin
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Bitcoin as an asset of fear has entered the spotlight following recent comments by BlackRock CEO Larry Fink during the DealBook Summit.Fink emphasized that individuals often resort to investing in Bitcoin during times of heightened uncertainty and instability, ultimately using it as a safeguard for their personal financial security.
The recent Bitcoin short-term holder shakeout has garnered significant attention in the crypto community, as many new investors face dramatic losses.During the past few months, these short-term holders saw their profits plummet from a staggering +25% in May to a steep -25% by December.