According to the latest report from global investment firm Bernstein, Bitcoin is entering a strong growth phase thanks to the participation of major financial institutions. Although the market shows signs of 'cooling off' in the short term, the Bitcoin rally is far from over.
Big Money Flows into Bitcoin Thanks to ETFs and Trump
Analysts at #Bernstein stated that this price rally began when Bitcoin ETFs were approved in the US, alongside the victory of President Donald Trump – a supporter of cryptocurrencies. Money from banks, institutional investors, large corporations, and even national investment funds is flooding into the crypto market.
The report emphasizes: “Bitcoin is gradually becoming a direct competitor to gold,” as more and more large organizations see it as a store of value.
Bitcoin Price Continues to Set New Highs
Since #BitcoinETF was listed on US exchanges, the price of Bitcoin has continuously surged and recently surpassed the $100,000 mark. According to CoinGecko, Bitcoin is currently trading around $96,044, up 86% in the past year.
The Participation of Financial 'Giants'
Abu Dhabi’s Sovereign Wealth Fund just invested hundreds of millions of USD to buy Bitcoin through an ETF, demonstrating strong confidence in the potential of Bitcoin.
Additionally, major financial firms such as Jane Street Group, Citadel Advisors, and Morgan Stanley have also invested hundreds of millions of USD in Bitcoin and Ethereum ETF funds. This allows traditional investors to easily access the crypto market without directly purchasing cryptocurrencies.
Impressive Growth Forecast
Bernstein experts also predict that the price of Bitcoin could reach $200,000 by the end of 2025, thanks to large inflows from financial institutions and the increasingly widespread acceptance in the market.
Risk Warning
The cryptocurrency market always carries high risks. The price of Bitcoin can be highly volatile and may not be suitable for all investors. Please carefully consider and research before making any investment decisions. #anhbacong