Discover insights from a digital asset expert on the crypto market price floor and the future of blockchain transactions. Learn about Bitcoin's evolution into a safe-haven asset and the projected growth in derivative trading.
Jamie Coutts, a senior digital asset analyst at Real Vision, has announced signs of a price floor formation in the digital currency market after weeks of decline. Pointing out that Bitcoin (BTC) has broken its historical inverse correlation with the dollar index, he believes this digital currency is evolving into a safe-haven asset like gold. Coutts also predicted that by 2025, the volume of derivative transactions on the blockchain will exceed $4 trillion, citing a threefold increase in daily active addresses on smart contract platforms.
