Gold bug says 2021 will be a big year for Bitcoin and Ethereum
740 reads 307 2020-12-11 10:17:53
2021 is shaping up to be a tremendous year not only for gold but for cryptocurrencies as well, according to Frank Holmes, CEO of U.S. Global Investors.
In a Monday interview with Kitco News, Holmes said he expects digital assets such as Bitcoin and Ether to perform exceptionally well alongside gold. He believes that these digital assets are enjoying higher adoption because of their underlying value drivers.
Regarding Bitcoin, Holmes felt that more people are embracing the digital asset in a continuation of a multi-year trend:
“The number of wallets, people that are embracing Bitcoin, that’s been growing for the past three years. Nice steady growth.”