BITCOIN: WHAT PRICE CAN IT HAVE BY YEAR-END AND HOW MUCH WILL IT RISE.
The world's most popular digital currency ($BTC ) generated a buying frenzy and excites investors, as it creates some pressure.
The cryptocurrency market is going through a moment of quiet euphoria. Far from the noise of historic peaks, investment products in virtual assets recorded $2.7 billion in inflows last week, consolidating an 11-week streak of positive flows.
With this figure, the accumulated income in the first half of the year reaches the impressive sum of $17.8 billion. This capital flow is not coincidental. It reflects sustained demand from institutional investors, who are positioning themselves in a global context marked by geopolitical volatility and uncertainty about monetary policy.
The frenzy for Bitcoin exchange-traded funds in the United States, which led the movement with $2.65 billion in inflows, seems to have no brakes. Meanwhile, markets such as Switzerland and Germany also showed interest, with inflows of $23 million and $20 million, respectively.