Crypto currency Bitcoin 
$121,394.05has recently reached a new summit and saw the US $ 123,091 level. However, after this record, a decrease of approximately 3 percent decreased to USD 118,832. Analysts say that especially the interest of corporate investors in Bitcoin significantly affects the course of the price.
Corporate and organization investments support the price
Markus Thielen, a 10x Research, predicts that the institutional interest in Bitcoin continues to increase and prices can reach the US $ 140,000-160,000 by the end of the year. Thief, according to statistical analyzes, the rise trend has not yet ended, he says. In particular, stock market investment funds (ETF) significantly increased Bitcoin assets in recent weeks. It is stated that organizations have processed about $ 15 billion in the last six to eight weeks.
Of course, many companies and corporate investors purchase and Bitcoin ETFs received $ 15 billion in the last 6 to 8 weeks.
These intense corporate purchases lead to supply shortage in the market. Thielen claimed that only three crypto money exchanges remained more than 150,000 Bitcoin. ETFs, even during the period of falling in the market continues to buy. Spot Bitcoin ETFs in the United States are currently in the hands of more than 6 percent of the total supply.
It is claimed that retail investors have not yet been actively on the market. According to analysts, many small investors find Bitcoin expensive at existing levels. This shows that the main actors of the price increase are large investors and funds.
Value comparison between Bitcoin and Gold
Experts think that the low market value of Bitcoin offers a potential increase. Grasso Global CEO Steve Grasso said Bitcoin’s market value is roughly around $ 2 trillion, and gold has a market value of 20 trillion dollars.
Let’s say Bitcoin’s market value is about $ 2 trillion. The value of gold is in $ 20 trillion.
Grasso said that if Bitcoin’s market value reaches half of gold, the value of a Bitcoin may be about $ 500,000.
Maybe he doesn’t need to catch his gold, but if he closes 50 percent of the difference, we can see $ 500,000 per bitcoin.
On the other hand, some risks in the market are on the agenda. Markus Thielen said that the Potential interest rate hikes of the US Federal Reserve can put pressure on the market. In addition, the tariffs of customs implemented in the United States can put pressure on inflation, which may affect assets such as Bitcoin. According to Bloomberg data, many economists are waiting for higher inflation figures in the coming months.
The latest developments in the price of Bitcoin, the role of corporate investors in the market and possible macroeconomic effects are closely monitored for the future of the crypto currency market. In recent weeks, the purchases of large funds for Bitcoin lead to a decrease in supply in the market and upward expectations in prices. However, it is stated that global economic conditions and possible interest rates can change market dynamics. Bitcoin’s long -term approach to the market value of gold, the increase in value is on the agenda. Investors and market observers continue to follow these developments closely.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
