El-Erian: Cryptographic parts will continue to exist



[ad_1]

Allianz Chief Economist The American businessman, Mohammad al-Erian, has sent a very positive message despite the recent shift in cryptocurrency.

El-Erian, former CEO of PIMCO, one of the largest bond funds in the world, said at a conference in New York that despite this year's decline, these funds will be much more accepted at the future, as institutional investors enter the cryptocurrency ecosystem.

Individual investors have recently shown increased interest in institutional investors for cryptocurrency projects, which will continue to exist. Every day, they will always be part of an ecosystem. he said.

El-Erian, who explained he received a $ 400 Bitcoin, said he had only done so to test the situation.

ADVERTISING ONE

Bitcoin, which tested the $ 20,000 level last year but saw the $ 4,000 gold this year, is now the largest in the world, up 9%. is being processed.

The total market value of 8,074 crypto money traded on 15,659 stock exchanges worldwide reached 131 billion dollars.

[ad_2]
Source link