Fidelity: Bitcoin Has Entered a More Mature Adoption Phase
Jurrien Timmer, Head of Global Macro at Fidelity, said that Bitcoin is in the late stages of its adoption cycle and is less volatile. He noted that Bitcoin has become an important part of portfolios and recommended a 2% allocation to Bitcoin. He predicted that Bitcoin will mature and become less volatile, which will attract more institutional investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Worst-Performing Altcoins This Week as BTC Battles to Hold $80K: Weekend Watch

Goldman Sachs dramatically lowers KOSPI target from 12,000 to 9,000 points, still insists there is 60% upside potential
Goldman Sachs strategists have lowered their 12-month target for South Korea's KOSPI Index from 12,000 points to 9,000 points, representing a 25% decrease. Earlier this year, Goldman had raised the target multiple times. The latest downgrade is due to mounting concerns in the market over artificial intelligence (AI) trading.

AI investment has not ended; wealth is simply being redistributed.
