Bitcoin Will Soak Up Trillions From China And Russia, Billionaire Predicts
PositiveCryptocurrency

Billionaire Dan Morehead, founder of Pantera Capital, predicts that China and Russia will increasingly turn to Bitcoin as a safe haven for their reserves, potentially accumulating trillions of dollars in the cryptocurrency. This shift is seen as a response to the risks associated with holding dollar-denominated assets, especially amid geopolitical tensions. Morehead's insights highlight a significant trend in global finance, suggesting that Bitcoin could play a crucial role in the future of reserve management.
— Curated by the World Pulse Now AI Editorial System