Retail investors will ‘undoubtedly’ move to Bitcoin, says Fidelity
Cointelegraph
Published Oct 13, 2020 05:23PM ET
Updated Oct 13, 2020 07:00PM ET
Fidelity Digital Assets, the cryptocurrency custody and execution arm of United States financial services giant Fidelity, has claimed in a new report that retail investors will turn their attention to digital currency as they become more familiar with Bitcoin and other crypto offerings via social media platforms.
According to the report, social media and communication platforms including Twitter, Reddit, Telegram, YouTube, and Tik Tok are driving the retail adoption of Bitcoin (BTC). They dissemble financial information and advice in a “more viral and rapid” way than traditional channels.
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Written By: Cointelegraph
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