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Bitcoin is trading at $97,000 this morning, very close to $100k.
It is now the 7th largest asset in the world in terms of market cap, and could climb to #5 very soon. Meanwhile, the vast majority of individuals, pension funds and other institutional investors do not have any exposure to this asset. Where will the price go if they start to jump in?
Tyrone Ross, 401 Financial CEO:
“There is a frustration that the advisors typically cannot discuss [Bitcoin] with clients. They can't bring it up. They're admonished not to say anything at all, and they are embarrassed by that. It just makes them look silly.” Source: Bitcoin News BitcoinNewsCom
JUST NOW FROM THE WSJ: Donald Trump will be meeting privately with Coinbase $COIN CEO Brian Armstrong to discuss cabinet appointments.
The President of the USA speaking to the CEO of a major crypto exchange to figure out who are the best people to put in position of power that make decisions around crypto? This could be one of the most amazing four years of innovation for crypto with an entire White House ready to support the ecosystem. Source: Anit on X
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