Bitcoin (BTC) bulls and skeptics clashed on X on Tuesday after analyst CrediBULL Crypto pushed back against the popular claim that digital assets are “just speculation,” pointing to gold’s $12 trillion climb over the past year as proof that every major market runs on expectations and momentum.
This defense comes at a time when the crypto market, with a total value of about $3 trillion, is trying to shake off a recent downturn and searching for catalysts to reignite growth.
Market Caps, Speculation, and the Case for Crypto’s Upside
In a thread posted on X, CrediBULL argued that critics misunderstand how value forms across global markets, noting that gold’s rise over the past 12 months came without any change to its underlying utility, and stating that sentiment drove most of the move.
“Fam you think the intrinsic value of a gold rock magically increased by 100% over the last year?” CrediBULL challenged. “The $12 trillion added to gold’s market value over the last 12 m
We współpracy z: https://cryptopotato.com/analyst-destroys-crypto-is-just-speculation-argument-with-gold-chart/
