Kraken CEO Jesse Powell Still Bullish on Bitcoin, Says Use Cases for BTC Are Getting Stronger Everyday
Kraken cryptocurrency exchange CEO Jesse Powell says the prevailing global political and economic climate is demonstrating the importance of Bitcoin (BTC). Powell says in a Bloomberg interview that he is bullish on Bitcoin despite the flagship cryptocurrency failing to hit $100,000 in 2021.
“I’m still bullish on the price you know. A lot of us thought that we were going to get over $100,000 last year, but you know you can’t predict these things.”According to Powell, the prevailing geopolitical environment is presenting use case opportunities for Bitcoin as a store of and a tool for transferring value.
