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Saylor Predicts $100T Shift to Digital Assets as ETH Breaks $4K
In a recent statement, Michael Saylor, the founder of Strategy, has predicted that there will be a massive shift of $100 trillion in capital from traditional equity and credit markets into digital assets. This forecast comes amid Ethereum’s (ETH) historic surge, with its price breaking through the $4,000 mark.
As of press time, ETH is trading at $4,172.96, marking an increase of over 50% from last year. The rapid growth in popularity, fueled by a combination of factors including macroeconomic insecurity and institutional interest, suggests that this shift may be inevitable.
One of the primary reasons behind Saylor’s prediction is the rise of Ethereum and other digital assets as viable alternatives to traditional investments like precious metals. The recent turmoil in the gold market has sparked volatility, further driving investors towards more stable and decentralized options.
Saylor emphasizes the borderless nature of Bitcoin and Ethereum, which allows them to thrive amid uncertainty and potential instability. He believes that this shift will not only benefit these digital assets but also reshape the global financial landscape.
Source: cryptotale.org
