Rising UK debt and capital gains tax fears strengthen the case for diversifying beyond Britain, while Bitcoin tops $85,000 on institutional inflows, though volatility remains.
Bitcoin has broken through $125,000 for the first time in its history, and financial advisory giant deVere Group CEO Nigel Green predicts the cryptocurrency will climb to $150,000 before the end of the year.
Bitcoin is on track to reach $125,000 in the coming days, predicts Nigel Green, CEO of global financial advisory giant deVere Group, as support from President Trump, sweeping regulatory moves in Washington, and accelerating institutional demand converge to drive the cryptocurrency’s price to new highs.
Bitcoin surged to a record high of $75,060 on Tuesday night as growing confidence in Donald Trump’s return to the White House fuelled investor excitement in the cryptocurrency space. The world's most valuable digital asset has seen a remarkable rally, up over 7% on Tuesday alone, as markets bet on Trump’s victory.
