IDX Advisors Co-Founder and Chief Investment Officer Ben McMillan appears on Market Domination to explore why people own bitcoin (BTC-USD). Bitcoin’s price currently hovers above $97,000 in the first trading day of 2025.
McMillan highlights the cryptocurrency’s evolution from a digital store of value, a potential inflation hedger, and a speculative investment tied to emerging technologies like AI.
McMillan shifts to crypto diversification, advising clients to focus on other cryptos like ethereum (ETH-USD) or solana (SOL-USD) in order to have better access to liquidity.
“This is where a lot of the innovation is happening and this is where you’re seeing a lot of the real world use cases play out,” he continues.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
This post was written by Josh Lynch