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Dogecoin (DOGE) $ 0.223694
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LEO Token (LEO) $ 8.96
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USDS (USDS) $ 0.999754
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Coinbase Wrapped BTC (CBBTC) $ 117,910.00
WhiteBIT Coin (WBT) $ 44.03
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Polkadot (DOT) $ 3.90
Monero (XMR) $ 313.99
Bitget Token (BGB) $ 4.53
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Dai (DAI) $ 0.999815
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BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
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Binance Staked SOL (BNSOL) $ 192.96
sUSDS (SUSDS) $ 1.06
Rocket Pool ETH (RETH) $ 4,312.84
Filecoin (FIL) $ 2.57
Flare (FLR) $ 0.024845
Story (IP) $ 5.82
Kelp DAO Restaked ETH (RSETH) $ 3,974.17
Lombard Staked BTC (LBTC) $ 117,674.00
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.05
XDC Network (XDC) $ 0.099872
Jupiter (JUP) $ 0.537541
USDtb (USDTB) $ 0.999551
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KuCoin (KCS) $ 11.32
Mantle Staked Ether (METH) $ 4,056.73
Liquid Staked ETH (LSETH) $ 4,097.77
Injective (INJ) $ 14.10
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Celestia (TIA) $ 1.87
First Digital USD (FDUSD) $ 0.996788
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Optimism (OP) $ 0.725097
Renzo Restaked ETH (EZETH) $ 3,991.74
Stacks (STX) $ 0.781395
Polygon Bridged USDT (Polygon) (USDT) $ 0.999636
Falcon USD (USDF) $ 0.999642
Solv Protocol BTC (SOLVBTC) $ 117,562.00
FLOKI (FLOKI) $ 0.000116
Fartcoin (FARTCOIN) $ 1.09
Jupiter Staked SOL (JUPSOL) $ 204.26
Wrapped BNB (WBNB) $ 805.64
Immutable (IMX) $ 0.561522
Conflux (CFX) $ 0.206344
ether.fi Staked ETH (EETH) $ 3,785.46
The Graph (GRT) $ 0.102134
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
Sonic (S) $ 0.307791
Pump.fun (PUMP) $ 0.002808
dogwifhat (WIF) $ 0.984983
PancakeSwap (CAKE) $ 2.85
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PayPal USD (PYUSD) $ 1.00
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Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,699.00
Saros (SAROS) $ 0.357000
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Kaia (KAIA) $ 0.159277
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JasmyCoin (JASMY) $ 0.016058
GALA (GALA) $ 0.016826
Pyth Network (PYTH) $ 0.126551
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Aerodrome Finance (AERO) $ 0.815328
OUSG (OUSG) $ 111.98
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Ripple USD (RLUSD) $ 0.999705
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Maple Finance (SYRUP) $ 0.473778
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USDD (USDD) $ 0.999631
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Brett (BRETT) $ 0.052821
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APENFT (NFT) $ 0.00000049
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NEO (NEO) $ 6.50
Starknet (STRK) $ 0.127311
Zebec Network (ZBCN) $ 0.005273
Savings Dai (SDAI) $ 1.16
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dYdX (DYDX) $ 0.594044
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Kava (KAVA) $ 0.389819
Treehouse ETH (TETH) $ 4,581.05
ZKsync (ZK) $ 0.057951
DeXe (DEXE) $ 7.33

Wall Street Bulls Realize The Truth, Rushing To Bitcoin!

By admin On Oct 31, 2024

As Bitcoin adoption increases among both retail and institutional investors, Wall Street billionaires are moving away from bonds and toward BTC to hedge against inflation, Forbes reported.

Accordingly, Forbes stated that more billionaires are turning to Bitcoin, and that they are investing in Bitcoin as a hedge against inflation and are gradually moving away from government bonds.

The report stated that prominent Wall Street billionaires, including BlackRock CEO Larry Fink, see Bitcoin as a modern gold alternative that can protect against inflation.

It was also stated that Wall Street billionaires think that the current inflation may last longer than expected due to inflationary government policies and increasing national debt, and therefore they turned to BTC.

Speaking to Forbes, analysts said Bitcoin is a preferred choice for portfolio diversification due to its limited supply and independence from government control. While the long-term position of Bitcoin, the world’s largest cryptocurrency, as an inflation hedge is still uncertain, analysts added that Wall Street’s increasing interest in Bitcoin indicates growing confidence in BTC.

*This is not investment advice.

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