Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Bridgewater
Bridgewater CEO Says Bitcoin Is An Interesting Investment Similar To Gold
Bridgewater Associates fund CEO Ray Dalio has described Bitcoin as an alternative investment similar to gold. Dalio's recent comments seem to indicate that he has relaxed his previous stance towards digital currency. Bitcoin Bears Similarities Like Gold The billionaire investments made these statements during a question, and answer session (AMA) held yesterday via Reddit. Dalio responded to questions regarding the financial scape and was asked about his position on digital currencies. A user under the alias @NassimTalebisCoolLeb told Dalio the…
4 years ago