Opinion: This round of Bitcoin bull market is more driven by institutions and long-term capital
According to online reports, Presto Research analyst Min Jung pointed out that the rise was mainly driven by the accumulation of funds from companies such as Strategy, Metaplan and Twenty One Capital, indicating that this round of bull market is driven more by institutional and long-term capital rather than retail speculation. Roshan Robert, CEO of OKX U.S., believes that the rise in Bitcoin is the result of multiple factors such as corporate reserve strategies, surge in ETF capital inflows, macroeconomic uncertainty and favorable regulatory signals. Presto Research maintains its 2025 Bitcoin price target of US$210,000 announced in late 2024.
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