In an event described by some as a "new turning point in the history of digital assets," the price of Bitcoin (BTC) has surpassed $109,000, driven by an unprecedented wave of interest from U.S. and Canadian pension funds, along with a clear increase in its use as a means of payment in everyday life.
💼 Pension funds: from caution to actual investment
In recent years, pension funds have shown extreme caution towards cryptocurrencies. However, the situation began to change with the increasing adoption of Bitcoin as an alternative asset with superior long-term performance. Recent reports indicate that more than 7 major pension funds have started allocating a portion of their investment portfolios to Bitcoin, especially after recent regulatory approvals for spot ETFs.
🛒 From investment asset to payment tool
Alongside institutional adoption, the use of Bitcoin as a means of payment is accelerating, especially in sectors like travel, retail, and even medical billing, thanks to the support of companies like PayPal and Visa. The integration of cryptocurrencies into mobile apps and digital wallets has also made the use of BTC a part of everyday life for millions of users around the world.
📈 Are we witnessing the beginning of a new upward cycle?
With a supportive economic environment – including low interest rates and declining trust in traditional currencies – analysts expect the momentum wave to continue towards targets exceeding $120,000 in the short term, with the possibility of reaching higher levels during the current year if institutional flows continue.
In an event described by some as a "new turning point in the history of digital assets," the price of Bitcoin (BTC) has surpassed $109,000, driven by an unprecedented wave of interest from U.S. and Canadian pension funds, along with a clear increase in its use as a means of payment in everyday life.
💼 Pension funds: from caution to actual investment
In recent years, pension funds have shown extreme caution towards cryptocurrencies. However, the situation began to change with the increasing adoption of Bitcoin as an alternative asset with superior long-term performance. Recent reports indicate that more than 7 major pension funds have started allocating a portion of their investment portfolios to Bitcoin, especially after recent regulatory approvals for spot ETFs.
🛒 From investment asset to payment tool
Alongside institutional adoption, the use of Bitcoin as a means of payment is accelerating, especially in sectors like travel, retail, and even medical billing, thanks to the support of companies like PayPal and Visa. The integration of cryptocurrencies into mobile apps and digital wallets has also made the use of BTC a part of everyday life for millions of users around the world.
📈 Are we witnessing the beginning of a new upward cycle?
With a supportive economic environment – including low interest rates and declining trust in traditional currencies – analysts expect the momentum wave to continue towards targets exceeding $120,000 in the short term, with the possibility of reaching higher levels during the current year if institutional flows continue.