Resisting Recession with Cathie Wood
FYI - For Your Innovation
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Cryptocurrency and Bitcoin - A New Asset Class
bitcoin peaked close to 70 thousand last november, and it got down to somewhere in the 17 thousand dollar range very recently. It has reclaim the 200 week moving average, which is a little bit above, i think, 21 or 22 thousand. That's reassuring. We've seen some stabilization there. And then the other reassuring piece of news yesterday announced between black rock and coin base to partner so that blackrock could, through its aladdin technology solutions, eco system on which forty trillion dollars worth of aset sit. So this is another legitimisation of bitqain and crypto generally as a new asset class.
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