Bitcoin as 'digital gold' could enable continued demand as ETF | Crypto News Source
Bitcoin as 'digital gold' could enable continued demand as ETFs mitigate volatility: Coinbase
Hawkish views on the potential for U.S. Federal Reserve interest rate cuts have bolstered gold among traditional investors — a fact that may lead to more demand for bitcoin, in Coinbase's opinion. "In our view, bitcoin's increased acceptance as a form of "digital gold" could enable demand from a new subset of investors in this market regime," David Han, an institutional research analyst at the crypto exchange, wrote in a report published yesterday.
