How bitcoin is redefining financial services – and portfolios
Sixteen years ago, bitcoin emerged as a niche online phenomenon. Today its market capitalisation exceeds US$2 trillion, representing roughly 60 per cent of the global cryptocurrency market. What explains this meteoric rise—and what does it mean for investors? Bitcoin’s journey has been extraordinary. Despite periods of extreme volatility, including drawdowns of more than 50 per cent, it has delivered an annualised return of around 75...
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