Cryptoknowmics
2022-10-14 12:02:21

DBS Bank Dubs Bitcoin as ‘Unique’ Despite its Volatile Nature

According to a report by finews.asia published on October 14, despite worries about ongoing market volatility, DBS believes Bitcoin (BTC) still presents a unique opportunity since it allows for continuous trading without the need for a significant party to clear transactions. DBS investment strategist Daryl Ho said: “I think Bitcoin is still unique whether the price changes or not. If we look purely on a price basis, you will see a lot of volatility that doesn’t inform you much about what benefits it brings.” Bitcoin’s Unique Factor Ho asserts that Bitcoin’s uniqueness is not based on its price but on The post DBS Bank Dubs Bitcoin as ‘Unique’ Despite its Volatile Nature appeared first on Cryptoknowmics-Crypto News and Media Platform.

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