Hi All,
On top of the support from traditional payments systems, institutional investors are bound to increase Bitcoin’s price
For example, JPMorgan analysts have predicted that around $600 billion is set to enter the asset’s market. This is based partly on the $100 million investment into Bitcoin by the Massmutual insurance group.
A leaked Citibank report, for instance, claims that Bitcoin is “21st Century Gold.” This document notes that Bitcoin’s consistent rallies and corrections aren’t a bad thing. If anything, these changes are proof that the asset has a long-term foundation.
On top of the support from traditional payments systems, institutional investors are bound to increase Bitcoin’s price
For example, JPMorgan analysts have predicted that around $600 billion is set to enter the asset’s market. This is based partly on the $100 million investment into Bitcoin by the Massmutual insurance group.
A leaked Citibank report, for instance, claims that Bitcoin is “21st Century Gold.” This document notes that Bitcoin’s consistent rallies and corrections aren’t a bad thing. If anything, these changes are proof that the asset has a long-term foundation.
