Economist Jeremy Siegel argues that Bitcoin, not a potential BRICS reserve currency, poses a greater threat to the US dollar’s global dominance. This comes after President-elect Trump threatened BRICS nations with 100% tariffs if they pursue a rival currency, while simultaneously Bitcoin’s price surges.
Ark Invest CEO Cathie Wood hailed Bitcoin’s recent surge past $100,000, predicting its potential to become a significant asset class and a global reserve currency. She discussed its role as a store of value, hedge against inflation, and its growing importance in the portfolios of high-net-worth individuals.
