As Bitcoin climbs, is crypto becoming mainstream?

(Image: Depositphotos)

Fri, 15 Mar 2024

As prices for cryptocurrency scale fresh highs on a near-daily basis, are analysts in New Zealand starting to take it more seriously?Fuelled by confidence after getting the green light from the United States' market regulator, Bitcoin surged in price to a record US$74,000 (NZ$120,000) this week, up nearly 40% in the past month.BusinessDesk surveyed eight analysts and while some didn't have an opinion, others outright rejected the proposition.One of those is BNZ senior markets strategist Jason Wong.“I wouldn’t touch it with a...

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