Bitcoin to be Added to Balance Sheets of Several Countries, Analyst Predicts

IconCryptoNewsTerminal Staff29 Jul, 2024

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Bitcoin to be Added to Balance Sheets of Several Countries, Analyst Predicts

Bloomberg Intelligence crypto market analyst Jamie Coutts believes that several countries have already added Bitcoin to their balance sheets, particularly those that permit Bitcoin mining within their borders. Coutts made this statement on Twitter on Monday, emphasizing that the game has changed and other countries will likely adopt Bitcoin before the United States. This prediction comes amid suggestions from former U.S. President Donald Trump and independent presidential candidate Robert F. Kennedy Jr. that they would include BTC in the U.S. strategic reserves. However, Coutts believes that other countries will take the lead, regardless of the election results.

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