Bitcoin is becoming a permanent fixture in the global financial marketplace says Wedbush analyst

Managing Director of Wedbush Securities, Dan Ives believes that Bitcoin is one of the top points of adoption, and it’s getting accepted day by day and Bitcoin will become a permanent fixture in the global financial marketplace. Not only that but also Bitcoin and cryptocurrency will be one of the major payment methods in the coming future. 

Dan Ives believes and says that “We believe the story and theme here is much larger than just investing in Bitcoin and predicting its future price, but rather around the potential ramifications that crypto, blockchain, and bitcoin could have across the technology and corporate world for the next decade,”.

The most important thing is that, according to him Bitcoin mania is not a fad, he thinks in this way “From Paypal, and Square, to the likes of Nvidia, Tesla, IBM, Visa, Mastercard and many other companies across verticals, we believe the trend of transactions, bitcoin investments, and blockchain driven initiatives could surge over the coming years as this bitcoin mania is not a fad in our opinion, but rather the start of a new age on the digital currency front.”

Although Bitcoin price is being popular for its price volatility but in recent time a number of giants have been connected to this platform, that’s why the price of Bitcoin is growing at a good rate and now it’s $51,721 after hitting an all time high of $52K.

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