Bitcoin Has Gifts This Holiday Season

This shift might ruffle some feathers, straying from crypto’s original ethos as an alternative to mainstream finance. But, hey, it’s what’s revving up excitement again. And it’s not just Wall Street driving this. Macro factors like the potential end of the U.S. interest rate hiking cycle, Middle East tensions and the specter of long-term inflation are nudging investors toward safer harbors, including crypto, as BlackRock’s Larry Fink’s “flight to quality,” comment suggested. Funny how a former crypto-skeptic like Fink is now singing Bitcoin’s praises on national TV, huh?

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• Source: https://www.coindesk.com/markets/2023/12/13/bitcoin-has-gifts-this-holiday-season/?utm_medium=referral&utm_source=rss&utm_campaign=headlines