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01.02.202223:23 Forex Analysis & Reviews: Fidelity Investments: Bitcoin is the digitalized icon of the entire crypto market, and no other asset can overshadow it

Exchange Rates 01.02.2022 analysis

Fidelity believes that bitcoin occupies the highest step in the monetary hierarchy. More and more investors should buy bitcoin for a long time. In its latest report, Fidelity Digital Assets stated that bitcoin is the best digital asset and it occupies the highest step in the monetary hierarchy.

The company published a detailed 26-page report in which they went through the digital assets that new crypto investors who have just entered the market need to pay attention to, and bitcoin is the number 1 choice.

Fidelity Investments responded very flatteringly in the bitcoin report, and although bitcoin is not the best means of payment, its blockchain is not on a par with the Ethereum blockchain, however, bitcoin has proven itself as the best means of storing funds for many years.

Fidelity investments openly separates bitcoins and all other altcoins, and they cannot be compared. Bitcoin is a digitalized icon of the entire crypto market, and no other asset can eclipse it.

It is the most secure, scalable, decentralized. Fidelity encourages newcomers to the crypto market to consider Bitcoin as the beginning of their crypto path and start opening their portfolio exclusively with bitcoin, as this is the best currency for investors to enter, who want to protect themselves, protect their hard-earned funds from inflation.

Fidelity is famous for its habit of inviting a huge number of investors to the crypto market. Last year, it launched a spot bitcoin exchange-traded fund-ETF in Canada.

At the moment, interest in bitcoin is as high as ever. Inflation is increasingly depressing institutions, and this is just the beginning, since in the next few years inflation will completely devalue the dollar, and the economy will face a huge collapse.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Vitaly Kolesnikov,
Analytical expert of InstaSpot
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