Bitcoin is a safe haven for investors during inflation

Neil Bergquist, the head of the cryptocurrency exchange Coinme, believes that Bitcoin (BTC) is one of the safest assets on the market. In his opinion, this digital currency is capable of protecting investors’ funds from rising inflation, and in this regard, it even surpasses gold due to its limited supply.

Growing Interest in Bitcoin Among Investors

Over the past decade, the attitude of both retail and institutional investors towards cryptocurrencies has significantly changed. The limited supply of Bitcoin only fuels interest in this asset. Moreover, BTC is not subject to the influence of central banks, which regularly tighten monetary policy.

The Launch of ETF Crypto Funds Attracts Institutional Capital

The influx of institutional investments after the launch of spot cryptocurrency ETFs confirms the opinion of experts who view Bitcoin as a safe-haven asset. Institutional players are increasingly recognizing the potential and reliability of this digital currency.

Predictions of Bitcoin Price Growth

Well-known entrepreneur and crypto enthusiast Jack Dorsey also recommends paying attention to Bitcoin. He suggests that by 2030, the price of BTC could reach $1 million. Such optimistic predictions are based on the unique properties of Bitcoin and the growing adoption of cryptocurrencies worldwide.

Overall, Bitcoin is increasingly being viewed as a reliable means of preserving capital in conditions of economic instability and inflation. Its limited supply, independence from central banks, and growing interest from institutional investors make it an attractive safe-haven asset for many market participants.