Fed Chair Jerome Powell just acknowledged #Bitcoin as a “competitor to gold, not the US Dollar.” This is a monumental shift in tone, recognizing Bitcoin’s role as a store of value rather than a direct threat to fiat currencies.

Bitcoin is increasingly seen as digital gold, a hedge against inflation and economic uncertainty. Powell’s statement underscores its legitimacy in the financial ecosystem. As institutional adoption grows, could Bitcoin soon surpass gold’s market cap? The race for the ultimate store of value just got more interesting.