What Happened: Pompliano, a crypto advocate, says virtual assets are gaining ground in the traditional monetary sector, which will play a key driving role in 2025.
Recently, in Fox Business, Pompliano said: “I the great story of 2025 will be that cryptography has now grown and is a component of the classic monetary system. “
He noted that Bitcoin will continue to dominate the crypto sphere, with the majority of capital inflows from the classic sector heading to Bitcoin.
Also Read: This Analyst Says Bitcoin Could Reach $200K By End of 2025
Pompliano is also under pressure that the arguments in favor of any cryptocurrency other than Bitcoin are necessarily technological, paralleling the selection between tech giants such as Google, Amazon, and Facebook.
“The argument that Bitcoin is very different, is a technological argument. It is none other than looking to choose between Google, Amazon and Facebook. Bitcoin’s argument is much closer to “I need my purchasing power?” “
Despite Federal Reserve Chair Jerome Powell recently claiming that the United States is legally prohibited from holding BTC as a reserve asset, Pospiano maintains a positive outlook for Bitcoin’s future. At the time of writing, Bitcoin was trading at $94,108, reflecting a 2. 1% drop on the day.
Why it is important: Pompliano predictions arrive at a time when cryptocurrencies are being identified and followed through classical monetary institutions.
This acceptance, along with technological advancements in the crypto space, is expected to fuel the expected surge in 2025.
Despite regulatory hurdles, such as the recent statement by the Fed Chair, the optimism surrounding Bitcoin and other digital assets remains high, indicating a promising future for the crypto market.
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