While S&P 500 rebounded up to 0.618 from its local low, Bitcoin failed to rebound from its low.
One of worst performing asset recently.
Is it really born to replace fiat? or the narrative is just utopian fantasy story for early adpators or institutional investors who earger to get big chnaces.
Soon CBDC will come out having support from government and each altcoins will do thier best to get their own postion and value to survive and step up next level.
Leader Bitcoin, what would be its postion?
Reference: From Chang
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