Editor's Picks News

Analysts: By the summer of BTC will rise in price by another $ 2,000

In the coming months, the bitcoin exchange rate against the dollar may still grow by at least $ 2,000. Growth of the first cryptocurrency will be promoted by the launch of a cryptocurrency platform for institutional investors from Fidelity, analysts are sure.

A spokesman for the company, Arlene Roberts, notes that no matter what form a service for trading digital currencies is launched, first of all, it will focus on Bitcoin.

The launch of a platform for cryptotrading specifically for large market players can take place within the next few weeks, as reported earlier by Bloomberg.

“Currently, we have a select list of clients we serve on our platform. We will continue to expand the capabilities of the service for crypto-trading, taking into account the needs of our customers, legal framework and other factors, ”emphasizes Arlene Roberts.

In a recent survey, almost half of the 400 US institutional investors expressed their readiness to invest part of their capital in the cryptocurrency.

Observers are confident that as soon as institutional capital begins to enter the crypto market through the Fidelity platform, the rate of the largest digital asset BTC will jump at least $ 2,000. Now the coin is trading around 6000, its market capitalization exceeds $ 188.22 billion.

It is not excluded that such an option, when the turnovers of big business on trading floors will add more impressive rates than experts expect. In this case, the course of Bitcoin can jerk to new heights.


.

Related posts

Polkadot’s Governance System Gets an Update: What You Need to Know

jose

Bitcoin (BTC) Drops Below $30,000: What’s Behind the Decline?

jose

Bitcoin Surges Above $20k in Hopes of a Fed Rate Hikes Cut

Joseph Alalade