Bitcoin's future as revolutionary as the smartphone, according to CoinDesk (opens original article in a new tab)
Bitcoin's price has declined significantly, but some industry figures compare its potential to disruptive technologies like smartphones and note continued investor interest in Bitcoin ETFs despite market downturns.
- Bitcoin's price dropped 2% over the holiday week and 50% from its all-time high of $126,279
- David LaValle of CoinDesk compares Bitcoin's potential to the smartphone's disruptive impact
- Todd Rosenbluth notes that some investors are holding onto Bitcoin ETFs despite market downturns
- Bitcoin ETFs like IBIT and GBTC have fallen 40% over the past 52 weeks
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