Barrick Gold CEO: The volatility of cryptocurrency is significant, indeed affected by the election
The CEO of Barrick Gold stated: "Cryptocurrency has significant volatility and was indeed affected by the election. However, I do not believe it possesses the same fundamentals as gold. When you examine the global monetary system, fiat currency, and the debt we face, you will find that many large global investors have already begun to liquidate part of their investments and transfer funds."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
TON launches Teleport BTC to enable Bitcoin cross-chain interoperability
Analysts predict: Stablecoins may account for 10% of US M2 and foreign exchange transactions
CryptoQuant CEO: Bitcoin's market share is unlikely to decline rapidly
Clanker Co-creation: After the Clanker contract upgrade, users can receive a 40% fee share