Leading cryptocurrency Bitcoin (BTC), It’s going up and down because of the war between Russia and Ukraine. BTC, which has recently risen above $ 45,000, suddenly fell below $ 40,000.
Famous investor and manager Meltem Demirors made a statement about it.
War Will Change BTC’s Status According To Demirors
CoinShares CSO Demirors, Bloomberg TechnologyIn a new interview with , he stressed that worldwide sanctions against Russia and the loss of access to bank services for truck drivers in Canada due to the protest will have major implications.
According to the famous name, these two big events could take Bitcoin from a risky asset category and bring it to a risk-free asset category.
BTC, which is seen as a risk-eleven asset and falling with the stock markets in case of a possible war, may soon become a risk-off asset and gain value like gold and silver, according to the famous name.
Not only the war on this Eastern European front, but also the events in Canada, the deactivation of the banking system, turned the eye to Bitcoin and cryptocurrencies. I think we see here that normal people and civilians who are victims of war understand the situation. Bitcoin and cryptocurrencies are non-political global currencies.”
The CSO emphasized that whether Bitcoin matures or not will actually be seen in the continuation of these events and will be evident in a few weeks.
The famous name expects to receive more data on this in the coming months.