TechFlow, July 14 — According to Jinshi Data, AJ Bell analyst Dan Coatsworth said in a report that amid uncertainties surrounding U.S. policy and geopolitics, investors are diversifying their portfolios, pushing Bitcoin to record highs.
He said: "Although Bitcoin's movements are entirely driven by speculation, market interest in this cryptocurrency continues to rise." There are now various investment funds tracking Bitcoin's price, offering investors more options to access cryptocurrencies and making it easier for them to hold positions.
However, he pointed out that cryptocurrencies are extremely volatile and involve substantial speculation, representing the highest-risk attempt to generate returns.
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