Bitcoin continues to trade around $54,000 today following its solid upsurge since the start of the month.

Dawn Fitzpatrick, the CEO and CIO of Soros Fund Management, founded by billionaire investor George Soros, said that they have also invested in Bitcoin and other digital currencies, as cryptos has gone mainstream and are not only viewed as an inflation hedge.

In March, Fitzpatrick commented on CBDCs, viewing them as a potential threat to Bitcoin, however noting that the threat will be temporary as she believes CBDCs won’t be successful in permanently destabilizing bitcoin.