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Bitcoin Hits a New All-Time High: What Happens Next?

Why a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD.

Updated Sep 14, 2021, 10:36 a.m. Published Nov 30, 2020, 6:20 p.m. 1 min read

Why a price surge is not only attracting a new cadre of institutional investors, but also producing the beginnings of a new set of FUD.

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This episode is sponsored by Crypto.com, Nexo.io and this week's special product launch, Allnodes.

On this historic day, NLW looks at bitcoin’s punch through its previous December 2017 all time high. Specifically, he looks at:

How different people benchmark the all time high
What drove the latest price action, including the prospect of a new investment from institutional asset management giant Guggenheim
Why historian Niall Ferguson is arguing that bitcoin has won the Covid-19 monetary revolution
Why macro giants including Raoul Pal, George Gammon and Ben Hunt got into disagreements with Bitcoin Twitter about how co-opted by the state and Wall Street bitcoin was likely to become

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

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