NYDIG’s Cipolaro Calls Bitcoin Exposure Following Election Shift

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TheNewsCrypto 1w 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.