LATEST: NYDIG Research Chief Says Bitcoin Avoidance Has No Excuses Left

Following President-elect Donald Trump’s victory and the Republican Party’s success in the U.S. elections, Greg Cipolaro, the global head of research at NYDIG, is urging investors to stop avoiding bitcoin. Cipolaro asserts that the political landscape now makes it essential to include bitcoin in investment portfolios, highlighting the availability of “easy-to-access, well-regulated products like ETFs.” He warned that overlooking bitcoin could lead to significant financial disadvantages.

The sentiment around the cryptocurrency has been bullish, with bitcoin’s value increasing by 18% in just the past week. Market analysts, including those from JPMorgan and Bernstein, forecast further gains for bitcoin, influenced by large-scale investments and growing market interest. With predictions of bitcoin reaching as high as $250,000 by 2025, experts suggest that missing out on bitcoin now could be a costly mistake for investors.

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