Johann Kerbrat, Robinhood (HOOD) Crypto general manager and vice president, joins Brad Smith and Seana Smith on Morning Brief to discuss bitcoin (BTC-USD)’s recent climb above $100,000. Kerbrat explores some of the big drivers behind the recent rally. “After the election that we’ve seen in November, a lot of people are a lot more excited to get into the space because there is this idea of regulatory clarity coming up,” he explains. Despite bitcoin’s recent rally, Kerbrat suggests that the cryptocurrency’s future is still uncertain. “There is a lot of capacity for the price to move and for the assets to be used in a lot of different ways,” Kerbrat says. “There is a lot more that we have to see in the next few months before we can really decide how far Bitcoin can go.” In the video above, Kerbrat shares more insight on the future of cryptocurrency, explains the importance of new tools for investors, and shares which milestones to watch for as bitcoin’s journey continues.
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