Bitcoin Marketcap
$746B
Gold Marketcap
$12.60T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN
making the case for bitcoin every day
Bitcoin Marketcap
$746B
Gold Marketcap
$12.60T
BTC Settlement Volume (24hr)
$12.90B
BTC Inflation Rate (next 1yr)
1.17%
CASEBITCOIN
making the case for bitcoin every day
12 May 2020 | | Price when published: $8,712 (ROI since: +353%)
Filed under: investment
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With the destruction of the fixed income markets, the search for investable alpha has already begun. The banking system has lost an asset class that represented a huge share of its annual fees. Bitcoin, young and maturing quickly, is already being offered to select clients by several global asset managers and international banks.
Itβs when, not if the asset class that is cryptocurrency goes mainstream. Bitcoin hit its high in December, 2017 at $20k/BTC. With accelerated adoption, the current entry point of roughly $9k/BTC seems like a value proposition.
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