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**Bitwise CEO Says Bitcoin Scarcity Will Feel More Dramatic**
In a recent statement, Brian Kelly, the CEO of Bitwise Asset Management, emphasized the significant implications of Bitcoin’s finite supply. As the price of the cryptocurrency approaches the $100,000 mark once again, according to CoinGecko data, Kelly’s comments have sparked renewed interest in the token’s future prospects.
The scarcity of Bitcoin, which has a limited supply capped at 21 million, is expected to make its growth more dramatic as time goes on. This assertion aligns with the sentiments expressed by various market participants and analysts who believe that the cryptocurrency’s fundamental value will eventually be reflected in its price.
Kelly’s remarks have triggered widespread debate among the crypto community, with some arguing that the token’s current price surge is unsustainable. However, others remain optimistic about Bitcoin’s future prospects, citing factors such as institutional investment and growing mainstream adoption.
It remains to be seen how the market responds to Kelly’s comments, but one thing is certain: the ongoing drama surrounding Bitcoin’s price action will continue to captivate investors, traders, and enthusiasts alike.
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Source: u.today
