Crypto experts are awaiting the surpassing of the $10k level.
Bitcoinist wrote that during a CNBC interview, Anthony Pompliano, Morgan Creek Digital CEO said that neither Bitcoin nor the dollar is tied to anything.
He continued and said that the value drivers of all the equities and every other asset are tied to something such as earnings, interest rates, GDP and so on.
But, a lot of experts don’t consider the US dollar to be as united as the most important crypto in the space, Bitcoin.
Some believe that the US dollar is tied to the US government, and all the economic and military might, as reported by the online publication mentioned above.
Bitcoin bulls are back
During the interview that we mentioned above, Pompliano advised investors to bet on BTC and include the coin in their portfolios because of the fact that “Bitcoin is a non-correlated asymmetric return asset.”
He also said that the bulls are back in the market and BTC exchanges are already seeing an all-time high volume.
The online magazine notes that both retail investors and financial investors such as Fidelity are eyeing the crypto market again.
More than that, other elements are set to trigger the price of BTC to go up.