Reported 3 months ago
As Bitcoin captures investor interest, industry experts analyze its price movements. Positive signs abound, including growing retail acceptance and increased endorsements for crypto from investment advisors. The rise of ETFs and potential involvement of sovereign wealth funds could also boost prices. However, the market's complexities remain, with Ethereum’s lagging performance and a lack of bullish news creating challenges. Experts highlight the need for significant capital inflow to counterbalance selling pressure and stabilize prices, while acknowledging the unpredictability of the crypto market influenced by interest rates.
Source: YAHOO