Newsweek, one of the largest American weekly news magazines, has taken a positive spin on Bitcoin (BTC) in a recent article that explores whether the digital asset can become the new gold standard.
The article, which appeared on Wednesday, dissects the digital gold narrative using JPMorgan’s latest model showing a potential BTC price of $146,000. Although the article presents little new information for crypto enthusiasts who have been charting Bitcoin’s meteoric rise, it provides more validation that the mainstream narrative surrounding cryptocurrency has changed.
“All that glitters is not gold—but it might be Bitcoin,” wrote Scott Reeves. “And in the long run, it might be more valuable.”
That’s the message that appeared before Newsweek’s readership, which is pegged in the tens of millions, many of whom have never been exposed to Bitcoin.
Earlier this week, Bitcoin graced the front page of the Financial Times — on the 12th anniversary of genesis block, no less — offering further evidence that the