Michael Sonnelfeldt emphasized that bitcoin has turned into a key tool for preserving capital for the most wealthy investors.
“Gold is for traditionalists, Bitcoin is for the New Age, but they often play the same role. Ultra -worn investors, which make up an exclusive group, perceive it as an instrument of preserving capital, not controlled by governments. They feel that you can find asylum here, ”said Sonnenfeldt.
He noted that the volume of the assets of ultra -worn investors working with its fund is $ 200 billion. The share of the first cryptocurrency in their portfolios varies from 1% to 3% and tends to increase.
According to the founder of Tiger21, in the context of an expanding trade confrontation between the United States and other countries, the first cryptocurrency will gain more and more value among representatives of all investment groups.
Earlier, ABRA Global General Bill Barhydt published a forecast for large liquidity into the American economy, which can give bitcoin and leading altcoin growth pulse.
Source: Bits
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