"Bitcoin's Changing Reputation: Halving, Bull Run, and Price Predictions"

1 min read
Source: CNBC
"Bitcoin's Changing Reputation: Halving, Bull Run, and Price Predictions"
Photo: CNBC
TL;DR Summary

Bitcoin's reputation as a volatile asset may be changing as its price swings have decreased substantially, driven by a demand-supply imbalance and the introduction of bitcoin exchange-traded funds (ETFs). While Bitwise Asset Management is optimistic about bitcoin's growth, ProShares has both a long and short bitcoin strategy ETF. Despite recent volatility, bitcoin has seen significant gains over the past year, with the cryptocurrency up 180% as of Friday evening.

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