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Market Commentary, Paolo Ardoino, CTO Bitfinex: “Bitcoin Is Rising In The Eye Of A Perfect Storm"

Date 07/01/2021

Commenting on today's Bitcoin price, Paolo Ardoino, CTO at Bitfinex said:


 

“Bitcoin is rising in the eye of a perfect storm. The backdrop is one of continuing global macroeconomic uncertainty that has the potential to devalue fiat currencies. High finance's embrace of the digital gold narrative may potentially be followed by retail as the market cap of all cryptocurrencies reaches $1 trillion for the first time.”