Bitcoin (BTC-USD) is traveling on multiple roads to redemption as it remains in striking distance of yet another record high after its tumble back below $69,000 — a level not seen since November 2021 — on Tuesday. The cryptocurrency's rally may be far from over with crypto being at the top of many people's minds ahead of major events for the space.
Pantera Capital Portfolio Manager and Crypto Asset Manager Cosmo Jiang discusses volatility within bitcoin's recent rise at a time when investors are finding more exposure to digital assets.
"It's important to realize that digital assets are a lot more than just that [bitcoin]. There are 400 tokens with more than a $100 million market cap," Jiang tells Yahoo Finance. "And as the next cycle gets underway, we believe that and we've seen over the last few cycles that the other coins outside of bitcoin really can outperform by many multiples during the different phases of the bull market."
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