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Fintech– 10
Crypto pioneer favors Bitcoin over Ether
CoinDesk·
James Wo, founder of DFG, believes Bitcoin has achieved a level of institutional consensus and safe-haven status that Ether currently lacks. He argues that Ethereum's value is diluted by activity and fees shifting to Layer-2 networks, questioning its ability to reach new all-time highs. Wo, who built a billion-dollar crypto fund starting with a $20 million family stake, forecasts Bitcoin will outperform major stock markets, potentially correcting to $60,000 before reaching a new peak around $125,000 in 2027 or 2028. He disagrees with predictions of Ether hitting $250,000, citing Bitcoin's stronger consensus among early backers and traditional finance.
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fintech
crypto
Original Source
CoinDesk — coindesk.com