Nexo Chief Product Officer: In the long run, the entire cryptocurrency market value may exceed that of gold

PANews reported on January 1 that according to CNBC, Elitsa Taskova, chief product officer of cryptocurrency lending platform Nexo, is more optimistic about Bitcoin's prospects in 2025 than the general consensus. Elitsa Taskova pointed out: "We believe that Bitcoin will more than double in a year to $250,000. These predictions are in line with ongoing trends and social signs: people are increasingly recognizing Bitcoin as a reserve asset, and more exchange-traded products (ETPs) related to Bitcoin and cryptocurrencies are widely adopted." She believes that in the long run, the market value of the entire cryptocurrency will exceed that of gold. Elitsa Taskova added that supportive macroeconomic conditions, such as easing monetary policy by major central banks in the world, may boost Bitcoin. On the other hand, continued inflation may also prompt the Federal Reserve to shift to a hawkish stance. As the United States leads in cryptocurrency-related capital deployment, the Federal Reserve's interest rate decisions and the inflation dynamics in the United States may remain key factors affecting Bitcoin prices in 2025. "

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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