As Bitcoin has gained recognition among Wall Street veterans and Silicon Valley with its surge to new all-time highs in recent months, many renowned investors have increasingly turned to view the digital asset as the ideal hedge against inflation.

Tesla Bull and ARK Invest CEO Cathie Wood Thinks more Tech Companies Will Eventually Buy Bitcoin

Recently, Bitcoin doubled its old all-time high of $20,000 set in 2017, by soaring to hit more than $41,500. It has since pulled back, trading around the $31,000-$33,000 level. Currently, it is trading at $31,605.25 on

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