It is predicted that if more institutions and companies start purchasing Bitcoin, the price of Bitcoin could surpass $130,000 within two months.
As of 10 a.m. on the 31st, Bitcoin was trading at $104,810 (approximately $1,614), up 0.77% from the same time the previous day on CoinMarketCap.
Bitcoin, which fell to $98,000 on the 27th of last month, recovered the loss and surpassed $100,000 again. It has since been trading sideways at the $101,000 line.
On the 29th of last month (local time), the price rebounded and exceeded $106,000. The Bitcoin Spot ETF recorded a net inflow for two consecutive trading days.
), and $92 million (approximately 14.1 billion yen) flowed into the Bitcoin spot ETF. Investor sentiment towards crypto assets is in a state of "extreme greed." On this day, the Crypto Fear and Greed Index rose from the previous day
It rose 6 points to 76. The closer the index is to 0, the closer the investor sentiment is to extreme fear, while the closer it is to 100, the more extreme optimism.
According to The Block on the 30th (local time), Japanese financial company Mizuho Financial Group announced in a recent report that it has “institutionally
"More and more people are buying Bitcoin," he said, predicting that Bitcoin will rise by more than 30% over the next three years.
Jeffrey Kendrick, head of crypto-asset research at Standard Chartered
"Bitcoin could rise to $130,000 within two months," said the report, adding that the U.S. government has abolished the SAB-121 accounting guidelines for financial institutions regarding their virtual asset custody obligations and is considering implementing measures to prevent virtual asset custody obligations from being violated by financial institutions.
"There will be more capital coming in," he said.
2025/01/31 12:35 KST
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