• CEO of Coinbase, Brian Armstrong urges governments to adopt BTC as strategic reserve.
• He says that Bitcoin is the best-performing asset over the last 12 years. 
• Asset manager Standard Chartered Bank believes BTC price will double to $200,000 in 2025.

Bitcoin’s latest ATH was set earlier today at $103,900.47. This historical moment marked the pioneer crypto asset’s first-ever 6-digit ATH and has spurred greater faith in the cryptocurrency on a global scale. Furthermore, the continued success of Bitcoin is now seeping into many capable altcoins and other blockchain-related endeavors. 

Bitcoin Best-Performing Asset Over the Last 12 Years

Recognizing the capability of Bitcoin and drawing the attention of greater crowds is Brian Armstrong, the CEO of Coinbase. To highlight, Armstrong urges governments to adopt Bitcoin as a strategic reserve after BTC price surpassed the $100,000 price target earlier today. The asset continues to hold strong at the $102,500 price range. 

Coinbase CEO Urges Governemnts to Adopt BTC as Strategic Reserve

Armstrong even goes so far as to call Bitcoin the best-performing asset over the last 12 years. This is by no means a stretch in terms of performance and returns. The returns of stocks, oil, gold, and many other precious and valuable assets have never performed as successfully as Bitcoin (BTC) has in such a short time. 

Other visionaries like Michael Saylor of Micro Strategy, have been preaching Bitcoin’s potential for years and own a significant chunk of this limited digital resource. Meanwhile, forward-thinking governments like El Salvador and Panam have made Bitcoin a legal tender in their nation and have completely transformed their countries using BTC profits. 

BTC Price Expected to Double to $200,000 in 2025

Meanwhile, other financial entities are also incredibly bullish on Bitcoin (BTC). For instance, $870 billion asset manager Standard Chartered Bank says that Bitcoin will double to $200,000 in 2025. A response to the post suggests that the reputed asset manager will start buying heavily in the coming year. Perhaps governments will heed Armstrong’s words and follow suit.

The post Bitcoin Best-Performing Asset Over Last 12 Years, Financial Experts Expert BTC Price to Double to $200,000 in 2025 appeared first on Crypto News Land.

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