Bitcoin may be forming a base at $65,000 as ‘paper hands’ have been flushed out
Jurrien Timmer, director of global macro at Fidelity Investments, says strong earnings are helping markets absorb geopolitical shocks, despite ongoing risks.
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Jurrien Timmer, director of global macro at Fidelity Investments, says strong earnings are helping markets absorb geopolitical shocks, despite ongoing risks.
Rising inflation, currency debasement and growing fiscal deficits will push countries to make strategic bitcoin allocations, the report said.
The miner is adding Fidelity to diversify its bitcoin (BTC) custody.