The director of global macroeconomics at Fidelity Investments is confident that the value of the first cryptocurrency will repeat the growth in the market value of Apple. Top Manager of one of the world's largest asset management companies Fidelity Investments Jurrien Timmer made his statement on the YouTube channel The Investor's Podcast Network.
According to the president of Fidelity Digital Assets (FDAS), Tom Jessop, the cryptocurrency industry is only developing, so the closure of some companies and funds is natural.
Jessop expressed his opinion in the podcast The Scoop, commenting on a recent study by Crypto Fund Research, according to which a significant number of cryptocurrency investment funds closed this year. The president of FDAS believes that this situation resembles the development of the Internet startup market.