Valkyrie Investments CEO Leah Wald Says Bitcoin Is Digital Gold


  • Valkyrie Investments CEO Leah Wald said that she doesn’t think that BTC is fool’s gold, unlike the JPMorgan CEO. “I think it is a wonderful digital gold and has done a brilliant job of nailing that store of value narrative.”
  • Wald added that although Bitcoin is still in its early stages, “it is establishing itself as one of the strongest monetary networks and absolutely a digital store of value.”
  • When it comes to a digital dollar, her opinion is that it would “solidify and strengthen the case for bitcoin.”

On Monday, Valkyrie Investments CEO Leah Wald was interviewed on Bloomberg Quicktake. She discussed the bitcoin price, which at the time was hovering around $48,000, and shared her thoughts on JPMorgan CEO Jamie Dimon’s opinion that “Bitcoin is “fool’s gold.”

“If bitcoin can push past $50,000 and maintain this price we do expect this bull run to take it to near highs during the fourth quarter,” Wald said. “I’m very excited for October; I’m excited for Q4.”

Her predictions have materialized so far. After jumping past $50,000 on Tuesday, bitcoin climbed as high as $55,000 today as around $27 million of BTC futures shorts were liquidated.

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