Institutional adoption, US government overspending and future economic stimulus packages are just a few reasons why analysts believe Bitcoin price is on the path to $100,000.
Gold news
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors.
Spot Bitcoin ETFs have had four consecutive days of inflows, resulting in over $20 billion in cumulative flows since their launch in January.
In an exclusive interview with Cointelegraph, Back explains why Bitcoin’s value relies on its dual identity as hard money and digital gold.
The fund touts leveraged exposure to Bitcoin and gold as investors brace for inflation and geopolitical strife.
Industry watchers are pointing to Bitcoin’s increasing correlation with the winning odds of former President Donald Trump.