On April 30, according to The Block, CEX Asset Management President Sebastian Bea recently stated in The Scoop that if the U.S. government re-evaluates the exchange relationship between gold and the U.S. dollar, it may accelerate its purchasing plan for Bitcoin. He pointed out that Bitcoin is transitioning from a high Fluctuation technological asset to a value storage tool similar to gold, a trend that is attracting more institutional attention and portfolio integration.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CEX executives: The U.S. re-evaluation of gold's value may lead the U.S. Treasury to purchase Bitcoin earlier than expected.
On April 30, according to The Block, CEX Asset Management President Sebastian Bea recently stated in The Scoop that if the U.S. government re-evaluates the exchange relationship between gold and the U.S. dollar, it may accelerate its purchasing plan for Bitcoin. He pointed out that Bitcoin is transitioning from a high Fluctuation technological asset to a value storage tool similar to gold, a trend that is attracting more institutional attention and portfolio integration.