Bitcoin Market Pushing Higher

The mainstream media are picking up on Bitcoin’s meteoric rise. In an article on CNBC, we read:

Bitcoin will likely outperform stocks and bonds the rest of this year, according to the first major Wall Street strategist to issue a report on the digital currency.

“I think bitcoin is an underowned asset with potential for huge institutional sponsorship coming,” Fundstrat co-founder Tom Lee said on CNBC’s “Fast Money” Wednesday.

“It has a lot of characteristics that are very similar to gold that I think will make it ultimately attractive as an alternate currency,” he said. “It’s a good store of value.”

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Also read:

• A Lesson In Free Market Economics From Bitcoin Cash
• Bitcoin Appreciates Again
• Bitcoin Close To All-time High

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