AI analyzes the pros and cons of the increase in the price of Bitcoin

The price of Bitcoin maintains an upward trend, with slight daily variations. When asking artificial intelligence if it is good for the value of the cryptocurrency to increase, the answer is divided into favorable and unfavorable aspects.

Among the positive aspects, AI points out that an increase in the price of BTC will help promote its adoption in more markets; not only individually but also by companies.

Likewise, according to AI, an increase in the price of Bitcoin is favorable to local and foreign investments as well as financial innovation.

Also, this trend promotes the adoption of digital currency as a means of protection against inflation.

In contrast, among the negative aspects that AI finds regarding the increase in the value of cryptocurrency is the well-known volatility of the market, the risks of it becoming a financial bubble in a volatile economic environment.

It also warns about the risk that it accentuates economic inequality between different social groups.

M.Pino

Source: cripto247

(Reference image source: GENERAL BYTES in Unsplash)

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