German Investment Bank Evaluates Bitcoin! Warning Against Altcoins!

bitcoin It is struggling to get back the $30,000 level after the volatile movements it has experienced in recent days.

Investors BTCWhile waiting for the coin to exceed $ 30,000, Berenberg, one of the leading banks in Germany, evaluated the performance of Bitcoin.

Berenberg analysts BTCin recent years cryptocurrency He stated that he would be able to get his interest back in the next few months.

Noting that Bitcoin is different from other cryptos, Berenberg analyst Mark Palmer said that US regulators are putting pressure on the crypto industry.

“Nearly every token is at risk of being stigmatized and sanctioned as a security as US regulators put pressure on the industry.

But the only exception is Bitcoin, which, thanks to the decentralization that stems from the design of the Blockchain protocol, is considered a commodity rather than a security by the SEC and other regulators.”

Evaluating the rise experienced by BTC in recent months, the analyst said that this increase is more likely to attract investors. Bitcoin’i said it is a sign of his acceptance as a sensible alternative not only among cryptocurrencies, but also in the context of global finance.

The Sensible Alternative for Institutional Bitcoin Investors: “MSTR!”

Berenberg analysts also reported in another report. MicroStrategy stake of MSTR He argued that it is a good alternative for institutional investors who want to invest in Bitcoin.

Stating that MSTR has a unique position among institutional investors who want to take advantage of the increase in the price of BTC, Berenberg made the following statements in the report:

“MicroStrategy shares offer an attractive and sensible option for institutional investors seeking exposure to Bitcoin amid ongoing regulatory pressure.

Bitcoin emerged as a safe haven relative to other cryptocurrencies.

MicroStrategy stocks are poised to rise further as investors increasingly turn to Bitcoin as an alternative currency amid macroeconomic fears.”

*Not investment advice.

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