Petr Kozyakov, Co-Founder and CEO at Mercuryo, a leading payment infrastructure platform in the digital token space comments on today’s bitcoin price:
“A pullback in the bitcoin price to the $91,000 mark is unlikely to quell market euphoria. In fact, we may even see FOMO reach new heights as we stand on the eve of the festive season. The feel-good mood following the election of Republican Donald Trump as US president continues as the monumental milestone of $100,000 remains clearly in sight.
“The digital token space is evolving on multiple fronts. The launch of bitcoin ETFs in the US earlier this year opened the door to greater institutional involvement with huge pent-up demand still untapped. Meanwhile, the success of meme coins has demonstrated the power of social media and its natural affiliation with crypto. The presence of major players from TradFi such as Mastercard in the Web3 space should also be noted. New payment products are enabling holders of digital assets to spend their tokens in a way that is both seamless and secure.”
