Bitcoin is One of the Top 3 Preferred Investment Tools

Bloomberg, which conducted a survey of Bitcoin’s price prediction, revealed that the price of the largest cryptocurrency is more likely to rise towards the $35,000 level. Investors surveyed shared the view that the US debt ceiling crisis could escalate for bullish prospects and this would increase the trend towards Bitcoin. In Bloomberg’s latest survey, while the US debt ceiling crisis came to the fore, it was concluded that investors may turn to Bitcoin with gold and treasury bonds instead of major currencies.

Bitcoin has shown a significant rise in the midst of the banking crisis that broke out in the USA in the past months, once again demonstrating that it is a safe-haven asset. In the latest Bloomberg survey, professional investors stated that they are considering adding Bitcoin to their portfolios, even though the ratio is lower than gold and government bonds. Noting that the risk of default on the US debt is higher than in 2011, experts think that this may adversely affect the dollar’s position as the global reserve currency.

Bitcoin rose to $ 27,500, seeing a value increase of 2.5% in the last 24 hours. As a result, Bitcoin, which tested the lowest level of the last 2 months with sales from the $ 30,000 limit last week, started the week with reaction purchases.