Reported 2 days ago
Investment firm VanEck has reiterated its year-end Bitcoin price target of $180,000 amid market volatility, as CME basis funding rates reach a peak of 9%. Despite fluctuations, institutional demand remains strong, with significant BTC purchases and bullish positioning reflected in the options market. Analysts express varied predictions for Bitcoin's future, with some forecasting substantial increases while others remain cautious, emphasizing the importance of maintaining market stability.
Source: YAHOO