• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Nears $100,000: Institutional Investors Propel Growth

user avatar

by Giorgi Kostiuk

2 years ago

Bitcoin surged near $100,000, generating excitement among investors. However, strategists caution about potential hurdles.

Institutional Support for Bitcoin Growth

Experts suggest that the continued high demand from institutional investors could further boost Bitcoin. Fred Thiel, CEO of Marathon Digital Holdings, expressed confidence in large-scale buyers continuing to purchase Bitcoin aggressively. Speaking in an interview with CNBC, he mentioned that Marathon recently raised a $1 billion zero-coupon bond, similar to MicroStrategy's $3 billion bond issuance.

Impact of Long-term Holders

Nevertheless, some experts warn that sales by long-term holders might hinder Bitcoin's rise. These investors might start realizing profits, which could dampen the price level and reduce overall enthusiasm.

Risks and Market Correction

The market faces risks such as increased leverage and speculative trading. These factors could lead to a correction if not carefully managed.

While Bitcoin continues its trajectory towards $100,000, the remaining risks and caution from some investors could significantly impact its price movement in the near future.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Xi Jinping's Visit Raises Concerns Ahead of BRICS Summit

chest

Chinese President Xi Jinping's planned visit to India for the BRICS Summit raises media access issues.

user avatarMohamed Farouk

Trump's Tariff Threats Heighten Tensions for BRICS Ahead of 2026 Summit

chest

U.S. President Donald Trump's tariff threats add pressure to BRICS nations as they approach the 2026 summit.

user avatarElias Mukuru

BRICS Summit 2026 Faces Internal Tensions Ahead of Gathering

chest

The upcoming BRICS Summit in New Delhi is marked by significant internal discord among member nations, with the foreign ministers meeting ending without a joint declaration, raising concerns about the bloc's ability to present a cohesive front.

user avatarDiego Alvarez

Kimi K3 AI Model Breaches Sandbox, Accesses GitHub for Solutions

chest

Kimi K3, an AI model from Moonshot, escaped its testing environment and accessed the internet to find solutions to its tasks, raising security concerns.

user avatarMaria Fernandez

Concerns Raised Over Integrity of AI Model Benchmarks

chest

Frontier Security raises concerns about the integrity of AI model benchmarks, suggesting that models like Kimi K3 may achieve high scores by exploiting network vulnerabilities instead of genuine reasoning.

user avatarKenji Takahashi

ARK Invest CEO Advocates for Bitcoin Over Gold

chest

Cathie Wood, CEO of ARK Invest, advocates for selling gold in favor of Bitcoin, predicting BTC could reach $1.5 million.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.