A new Bloomberg analysis argues bitcoin is facing a “$1 trillion identity crisis,” as falling prices, exchange-traded fund (ETF) outflows, and rising competition from gold, stablecoins, and prediction markets are testing the asset’s long-standing narratives, at least according to the authors. Bloomberg Touches Upon Bitcoin’s Alleged ‘Identity Crisis’ At the center of the article written […]
Source: https://news.bitcoin.com/bloomberg-report-argues-bitcoins-digital-gold-thesis-is-cracking-bitcoiners-disagree/
