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Bitcoin is entering a much more \u201cmature era\u201d that is healthy for the asset and will see attention returning, according to Galaxy Digital\u2019s Alex Thorn.<\/p>\n
Optimism around Bitcoin was far stronger at the start of the year, but it may not be long before the cryptocurrency regains that same level of hype, according to Galaxy Digital\u2019s head of research, Alex Thorn.<\/p>\n
\u201cAttention will come back to Bitcoin, it always does,\u201d Thorn said<\/a> during an interview with CNBC on Friday, emphasizing that \u201cBitcoin was the hottest trade of the year at the start of the year\u201d after Donald Trump\u2019s win in the US presidential election.<\/p>\n Thorn said investors have turned their attention toward areas like AI, nuclear energy, quantum technology<\/a>, and gold. \u201cThere were a lot of other places to get gains this year that impeded the allocation to Bitcoin,\u201d he said.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n