Bitcoin Adoption Faces Challenges Despite Recent Surge

According to Odaily, Hargreaves Lansdown analyst Matt Britzman has highlighted that despite Bitcoin's recent surge to an all-time high, its widespread adoption still faces significant hurdles. Britzman pointed out that volatility remains a key risk, suggesting that until trading stabilizes, Bitcoin's role as a mainstream store of wealth will continue to be questioned. Additionally, cryptocurrencies, as risk assets, may be pressured by geopolitical conflicts. Other concerns include the potential for large Bitcoin holders, known as 'whales,' to sell off their assets, as well as uncertainties surrounding regulation.