Why do people own bitcoin? An expert explains.

In This Article: 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.