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NYDIG’s Cipolaro Calls Bitcoin Exposure Following Election Shift

TheNewsCrypto LogoTheNewsCrypto3d ago

NYDIG’s Cipolaro Calls Bitcoin Exposure Following Election Shift - TheNewsCrypto

Quick Summary:

The recent U.S.presidential election, resulting in a significant win for President-elect Donald Trump and the Republican Party, has intensified the spotlight on Bitcoin as an essential asset, according to Greg Cipolaro, Global Head of Research at New York Digital Investment Group (NYDIG).

Meanwhile, market analysts are optimistic about it’s future performance.o reach $90,000 by the end of this year, with a long-term target of $250,000 by 2025.

BitGet Research also noted that sidelined funds may enter the market, driven by fear of missing out, potentially pushing bitcoin’s price higher.


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Article Details

Author / Journalist: Janani

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 12:56:52 (3 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 322 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23520455

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About TheNewsCrypto

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Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 34 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 13 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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