“Global asset managers will continue to recalibrate their portfolios accordingly.” “No amount of cynicism, disbelief or even fantastical thinking can obscure the compelling case for Bitcoin,” he said. Paolo Ardoino, CTO at crypto exchange Bitfinex Bet on Bitcoin’s inevitability,” he said. “From 2017 and onwards, Bitcoin’s become inevitable. But between 20, the team recognized it could work. Smith said bitcoin was a “grand experiment” from 2011 to 2014, when some thought it would take over traditional currencies. Peter Smith, CEO and co-founder of crypto exchange Here’s what five crypto experts had to say about its recent surge, and why the dollar hitting its lowest point in 2.5 years is good for Bitcoin. The last record was set in December 2017 when its price reached $19,783. Surging interest in the digital token brought its year-to-date gain to 177%.
The bullish case appears to be intact as institutional interest remains elevated for Bitcoin.
With Bitcoin hitting an all-time high this week, major players are reflecting on how far the space has evolved since the previous record set in December 2017.
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