Features News Today TheBitTimes.Com

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Bank of America (BoA) has recently compared Bitcoin (BTC) to once-in-a-lifetime inventions such as the printing press, electric vehicles, the internet, etc. The comparison sheds light on BTC’s growing influence in global finances. The once-shoved asset has finally entered the mainstream. Bitcoin Set To Dominate Global Financial Systems Source: Watcher.Guru BTC has seen a substantial rise in adoption over the last few years. The original cryptocurrency is among the best-performing assets of the last decade and a half. BTC has even outperformed major tech stocks and commodities. The approval of spot Bitcoin ETFs last year allowed global financial institutions to open their doors to the growing asset class. The world’s largest asset manager, BlackRock, has also eased into BTC holdings. Also Read: Metaplanet’s Bitcoin Purchase Tops Coinbase, Stock Jumps 17% Bitcoin’s (BTC) growing influence is even visible in BlackRock CEO Larry Fink’s opinion about the US dollar. In...