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Bitwise CEO Highlights Bitcoin's Potential Amid Egypt Crisis

source-logo  coingape.com 07 March 2024 12:13, UTC

In the midst of Egypt’s economic turmoil, Bitcoin ETF issuer Bitwise’s CEO Hunter Horsley emphasized the role of Bitcoin (BTC) as a potential hedge against such crises. Whilst, Egypt secured an expanded $8 billion deal with the International Monetary Fund (IMF) and additional funding for environmental sustainability. Moreover, the nation aims to stabilize its economy amidst ongoing challenges.

coingape.com