Opinion: Bitcoin appears to be bullish to a certain extent because people are worried about missing investment opportunities

On May 29th, CNBC writer, industry broker and trader JimIuorio recently said that a large amount of capital is entering the virtual asset market due to fears of missing opportunities in the current bull market. He believes that the full appeal of crypto assets is that these virtual currencies offer another form of value storage (SoV) because central banks do not trade the legal currency correctly. Another CNBC contributor, Brian Stutland, also expressed the same idea that the bull market was partly due to fear of missing investment opportunities in the encryption field. He said that in the "low interest rate" environment, the price of gold has not risen as much as bitcoin, and people's general sentiment may have turned to encryption, which is why the virtual asset market has risen.