Coindesk
5 months agoCryptocurrency
Fidelity's Jurrien Timmer Says Bitcoin to Consolidate Recent Gains Amid ETF Hangover
Bitcoin's price is down due to the impact of the recently approved BTC ETF, but Fidelity's Jurrien Timmer expects the sell-off to be short-term.
Timmer believes that bitcoin's current price is reasonable and its longer-term prospects look bright, potentially leading to widespread adoption as a commodity-currency. [ more ]