Despite the rebound in 2023, the Bitcoin Obituaries list shows that bitcoin has been declared dead six times by crypto skeptics.
2023’s Bitcoin Obituaries: Bitcoin Defies 6 Death Predictions With 80% Price Increase Since End of 2022
It’s been more than 100 days since the end of 2022, and the price of bitcoin has risen more than 80% since then. Over the past 30 days, bitcoin has increased by more than 45% against the U.S. dollar. Despite its recovery this year, after a long crypto winter in the previous year, the Bitcoin Obituaries list shows that bitcoin has been declared dead six times by crypto skeptics.
The latest bitcoin obituary was written by Robin Brooks, the chief economist at the Institute of International Finance. On March 14, he: “So it turns out that bitcoin is just another bubble asset that blows up when the Fed gets serious about hiking interest rates. Zero store of value function. Zero diversification benefit. Zero yield. Sayonara bitcoin…” In addition to Brooks, there are five more obituaries regarding bitcoin’s so-called deaths in 2023.
Among the skeptics who have written bitcoin obituaries in 2023 are Robert Park of the Cincinnati Enquirer, JPMorgan CEO
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