Wall Street shouldn't be hesitant about Bitcoin's fluctuations: Pomp

Institutional Investors and Bitcoin Volatility: Institutional investors new to crypto are struggling with Bitcoin's volatility, which has historically seen significant drawdowns, causing fear and potential sell-offs as year-end approaches.

US-Based Sell-Off: The recent Bitcoin sell-off, which saw prices drop to around $82,000, was primarily driven by US market conditions, including tightening liquidity and concerns over capital expenditures related to AI.

Importance of Volatility: Bitcoin's price volatility, which has surged recently, is viewed positively by long-term investors, as it is necessary for price appreciation and indicates potential future growth.

Future Growth Expectations: Despite acknowledging that Bitcoin's explosive growth may not continue at the same rate, Pompliano suggests that a compound annual growth rate of 20-35% over the next decade could still outperform traditional equities.