As the first and primary cryptocurrency to exist, Bitcoin has witnessed different reactions and predictions in the industry. Its advancement over the past years has been above the growth of conventional assets. However, the recent bearish trend in the crypto market this year created doubts about the future of the token. Recently, the Chief Economic Adviser at Allianz, Mohamed El-Erian, disclosed his opinion on the potential future of BTC. According to him, the leading crypto asset will become a global reserve currency, but its price will not reach the $100,000 level. Further, El-Erian thinks ...
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