What's Hot

    Twitter Suspends Doge Tipping Tool

    03.02.2023

    Orion Protocol Lost $3 Million in Cryptocurrency in an Exploit

    03.02.2023

    Ripple began looking for developers of solutions for digital national currencies

    03.02.2023
    Facebook Twitter Instagram
    Friday, February 3
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Bitcoin»bitcoin is less volatile than altcoins
    b7ba0dcf97e19564ba89ab0555a7e818ff12dee1
    Bitcoin

    bitcoin is less volatile than altcoins

    AdministratorBy Administrator25.12.2021No Comments1 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 2 m


    The founder of the Galaxy Digital crypto bank, Mike Novogratz, said in a comment to Squawk Box that the volatility of the first cryptocurrency is lower than that of other digital assets.

    «I do think volatility certainly in #bitcoin is coming down,» says @Novogratz. «As institutions come in we are seeing less volatility and I think that is a good thing. I don’t think bitcoin becomes a transactional currency. I think it is tailor made to be stored value.» pic.twitter.com/7VkU0xkBn6

    — Squawk Box (@SquawkCNBC) December 23, 2021

    “I really think bitcoin volatility is decreasing. As the institutions come in, we see less volatility, and I think that’s a good thing. I don’t think Bitcoin will become a transactional currency. It is designed to preserve value, ”he said.

    Novogratz also called the first cryptocurrency digital gold and fiat inflation hedge.

    He previously stated that 75% of altcoins will not survive until the next decade. According to Novogratz, bitcoin will fundamentally change the financial system.

    Recall that in November, the founder of SkyBridge Capital Anthony Scaramucci predicted a rise in the price of the first cryptocurrency to $ 500,000.






    #bitcoin #volatile #altcoins

    altcoins Bitcoin volatile
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    “Bitcoin is the only protection for money from inflation and currency devaluation”

    03.02.2023

    Sberbank to begin alpha testing of DeFi platform in March

    03.02.2023

    Bitcoin community considers 4 MB blocks to be stupid

    03.02.2023

    Robert Kiyosaki called fiat fake, and bitcoin

    03.02.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Twitter Suspends Doge Tipping Tool
    • Orion Protocol Lost $3 Million in Cryptocurrency in an Exploit
    • Ripple began looking for developers of solutions for digital national currencies
    • By the end of 2023, Ether may exceed $2,000
    • “Bitcoin is the only protection for money from inflation and currency devaluation”
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.